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Forex Trend Analysis Report
Prepared for you on Friday, May 9, 2025.
Australian Dollar/Chinese Yuan Renminbi (FOREX:AUDCNY)
Bear Market Rally (-75) - AUDCNY is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on AUDCNY as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid AUDCNY?
MarketClub looks at technical strength and momentum to determine if the timing is right for AUDCNY.
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 AUDCNY
The long-term trend has been DOWN since Apr 4th, 2025 at 4.3823464
The intermediate-term trend has been UP since Apr 21st, 2025 at 4.6950410
The short-term trend has been DOWN since May 7th, 2025 at 4.6771481
Smart Scan Analysis for AUDCNY
Based on our trend formula, AUDCNY is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 4.6276299 | 4.6338337 | 4.6199610 | 4.6242240 | -0.0034060 |
| Prev. Close | Volume | Bid | Ask | Time |
| 4.6276299 | 2025-05-09 07:43:29 |