Market Vectors Chinese Renminbi/USD ETN (NYSEARCA:CNY) Share Price Passes Above Fifty Day Moving Average – Should You Sell?

Market Vectors Chinese Renminbi/USD ETN (NYSEARCA:CNY – Get Free Report) shares passed above its 50-day moving average during trading on Friday . The stock has a 50-day moving average of $44.25 and traded as high as $44.25. Market Vectors Chinese Renminbi/USD ETN shares last traded at $44.25, with a volume of 200 shares changing hands.

Market Vectors Chinese Renminbi/USD ETN Stock Performance

The company’s 50 day simple moving average is $44.25 and its two-hundred day simple moving average is $44.25.

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