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Forex Trend Analysis Report

Prepared for you on Saturday, April 4, 2020.

Australian Dollar/Chinese Yuan Renminbi Offshore (FOREX:AUDCNH)

Strong Downtrend (-100) - AUDCNH is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.

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

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

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

FOREX_AUDCNH
Open High Low AUDCNH Price Change
4.305770 4.314315 4.255100 4.262655 -0.043115
Entry Signal

MarketClub’s Trade Triangles for AUDCNH

long term down The long-term trend has been DOWN since Jan 9th, 2020 at 4.750400

intermediate term down The intermediate-term trend has been DOWN since Jan 7th, 2020 at 4.784205

short term down The short-term trend has been DOWN since Apr 1st, 2020 at 4.317315

Smart Scan Analysis for AUDCNH

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

-100
Smart Scan Analysis for AUDCNH
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
4.305770 4.314315 4.255100 4.262655 -0.043115
Prev. Close Volume Bid Ask Time
4.305770 4.259710 4.265600 2020-04-03 17:10:32
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