Market Vectors Chinese Renminbi/USD ETN (NYSEARCA:CNY) Stock Passes Below Fifty Day Moving Average – Time to Sell?

Market Vectors Chinese Renminbi/USD ETN (NYSEARCA:CNYGet Free Report) passed below its 50 day moving average during trading on Friday . The stock has a 50 day moving average of $44.25 and traded as low as $43.50. Market Vectors Chinese Renminbi/USD ETN shares last traded at $44.25, with a volume of 200 shares trading hands.

Market Vectors Chinese Renminbi/USD ETN Trading Up 1.4 %

The company’s fifty day simple moving average is $44.25 and its two-hundred day simple moving average is $44.25.

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