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Forex Trend Analysis Report

Prepared for you on Friday, May 9, 2025.

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

Sidelines Mode (-55) - CNHAUD is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

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.

FOREX_CNHAUD
Open High Low CNHAUD Price Change
0.21540578 0.21604773 0.21516826 0.21580237 +0.00039700
Entry Signal

MarketClub’s Trade Triangles for CNHAUD

long term down The long-term trend has been DOWN since Apr 15th, 2025 at 0.21474256

intermediate term down The intermediate-term trend has been DOWN since Apr 15th, 2025 at 0.21474256

short term up The short-term trend has been UP since May 8th, 2025 at 0.21544327

Smart Scan Analysis for CNHAUD

Based on our trend formula, CNHAUD is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-55
Smart Scan Analysis for CNHAUD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.21540578 0.21604773 0.21516826 0.21580237 +0.00039700
Prev. Close Volume Bid Ask Time
0.21540578 2025-05-09 07:12:00
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