Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Friday, March 5, 2021.

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

Weak Downtrend (-65) - CNHAUD is showing signs of a strengthening downtrend. Monitor CNHAUD as it may be building momentum to the downside.

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
0.20008847 0.20103556 0.19963894 0.20040905 +0.00032100
Entry Signal

MarketClub’s Trade Triangles for CNHAUD

long term down The long-term trend has been DOWN since Jan 6th, 2021 at 0.19857545

intermediate term down The intermediate-term trend has been DOWN since Feb 18th, 2021 at 0.19899876

short term up The short-term trend has been UP since Feb 26th, 2021 at 0.19710028

Smart Scan Analysis for CNHAUD

Based on our trend formula, CNHAUD is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-65
Smart Scan Analysis for CNHAUD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.20008847 0.20103556 0.19963894 0.20040905 +0.00032100
Prev. Close Volume Bid Ask Time
0.20008847 2021-03-05 08:25:21
Get a free daily analysis and signals for Chinese Yuan Renminbi Offshore/Australian Dollar (CNHAUD) - Request Your Free Report.