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Forex Trend Analysis Report

Prepared for you on Thursday, March 28, 2024.

Chinese Yuan Renminbi/Australian Dollar (FOREX:CNYAUD)

Weak Uptrend (+65) - CNYAUD is showing signs of weakening momentum to the upside. Monitor CNYAUD as it may be in the beginning stages of a reversal.

Is it time to buy, sell, or avoid CNYAUD?

MarketClub looks at technical strength and momentum to determine if the timing is right for CNYAUD.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_CNYAUD
Open High Low CNYAUD Price Change
0.21537767 0.21709500 0.21181026 0.21608866 +0.00071100
Entry Signal

MarketClub’s Trade Triangles for CNYAUD

long term up The long-term trend has been UP since Mar 5th, 2024 at 0.21805195

intermediate term down The intermediate-term trend has been DOWN since Mar 6th, 2024 at 0.21098801

short term up The short-term trend has been UP since Mar 28th, 2024 at 0.21624511

Smart Scan Analysis for CNYAUD

Based on our trend formula, CNYAUD is rated as a +65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+65
Smart Scan Analysis for CNYAUD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.21537767 0.21709500 0.21181026 0.21608866 +0.00071100
Prev. Close Volume Bid Ask Time
0.21537767 2024-03-28 10:26:39
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