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Forex Trend Analysis Report

Prepared for you on Monday, October 25, 2021.

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

Crossroads (-60) - CNHAUD is struggling to move into a solid trend. Beware of choppy markets 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
0.20937867 0.20970535 0.20890759 0.20912443 -0.00025400
Entry Signal

MarketClub’s Trade Triangles for CNHAUD

long term up The long-term trend has been UP since Jun 3rd, 2021 at 0.20428111

intermediate term down The intermediate-term trend has been DOWN since Oct 11th, 2021 at 0.21162227

short term down The short-term trend has been DOWN since Oct 19th, 2021 at 0.20904676

Smart Scan Analysis for CNHAUD

Based on our trend formula, CNHAUD is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-60
Smart Scan Analysis for CNHAUD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.20937867 0.20970535 0.20890759 0.20912443 -0.00025400
Prev. Close Volume Bid Ask Time
0.20937867 2021-10-25 15:31:56
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