Forex Trend Analysis Report
Prepared for you on Thursday, May 9, 2024.
Chinese Yuan Renminbi Offshore/Australian Dollar (FOREX:CNHAUD)
Weak Downtrend (-65) - CNHAUD is showing signs of a strengthening downtrend. Monitor CNHAUD as it may be building momentum to the downside.
Is it time to buy, sell, or avoid CNHAUD?
MarketClub looks at technical strength and momentum to determine if the timing is right for CNHAUD.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for CNHAUD
The long-term trend has been UP since Apr 16th, 2024 at 0.21461857
The intermediate-term trend has been DOWN since May 5th, 2024 at 0.20930034
The short-term trend has been DOWN since May 3rd, 2024 at 0.21093396
Smart Scan Analysis for CNHAUD
Based on our trend formula, CNHAUD is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
Open | High | Low | Price | Change |
---|---|---|---|---|
0.21020230 | 0.21064431 | 0.21010596 | 0.21029169 | +0.00008900 |
Prev. Close | Volume | Bid | Ask | Time |
0.21020230 | 2024-05-09 06:13:29 |