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Forex Trend Analysis Report

Prepared for you on Thursday, October 21, 2021.

Chinese Yuan Renminbi/Australian Dollar (FOREX:CNYAUD)

Crossroads (-60) - CNYAUD 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 CNYAUD?

MarketClub looks at technical strength and momentum to determine if the timing is right for CNYAUD.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_CNYAUD
Open High Low CNYAUD Price Change
0.20769087 0.20852544 0.20767991 0.20843551 +0.00074500
Entry Signal

MarketClub’s Trade Triangles for CNYAUD

long term up The long-term trend has been UP since Jun 16th, 2021 at 0.20429838

intermediate term down The intermediate-term trend has been DOWN since Oct 10th, 2021 at 0.21162933

short term down The short-term trend has been DOWN since Oct 19th, 2021 at 0.20897798

Smart Scan Analysis for CNYAUD

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

-60
Smart Scan Analysis for CNYAUD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.20769087 0.20852544 0.20767991 0.20843551 +0.00074500
Prev. Close Volume Bid Ask Time
0.20769087 2021-10-21 01:34:57
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