
Forex Trend Analysis Report
Prepared for you on Thursday, August 18, 2022.
Canadian Dollar/Chinese Yuan Renminbi Offshore (FOREX:CADCNH)
Weak Downtrend (-65) - CADCNH is showing signs of a strengthening downtrend. Monitor CADCNH as it may be building momentum to the downside.
Is it time to buy, sell, or avoid CADCNH?
MarketClub looks at technical strength and momentum to determine if the timing is right for CADCNH.
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 CADCNH
The long-term trend has been UP since Mar 23rd, 2022 at 5.08395
The intermediate-term trend has been DOWN since Jun 22nd, 2022 at 5.28050
The short-term trend has been DOWN since Aug 18th, 2022 at 5.26370
Smart Scan Analysis for CADCNH
Based on our trend formula, CADCNH is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

Open | High | Low | Price | Change |
---|---|---|---|---|
5.26095 | 5.26095 | 5.26095 | 5.26095 | 0.00000 |
Prev. Close | Volume | Bid | Ask | Time |
5.26095 | 2022-08-18 16:49:26 |