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Forex Trend Analysis Report
Prepared for you on Sunday, June 26, 2022.
Australian Dollar/Chinese Yuan Renminbi Offshore (FOREX:AUDCNH)
Crossroads (-60) - AUDCNH 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 AUDCNH?
MarketClub looks at technical strength and momentum to determine if the timing is right for AUDCNH.
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 AUDCNH
The long-term trend has been UP since Mar 4th, 2022 at 4.654540
The intermediate-term trend has been DOWN since Jun 13th, 2022 at 4.703765
The short-term trend has been DOWN since Jun 9th, 2022 at 4.779150
Smart Scan Analysis for AUDCNH
Based on our trend formula, AUDCNH is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 4.641780 | 4.654670 | 4.640120 | 4.648945 | +0.007165 |
| Prev. Close | Volume | Bid | Ask | Time |
| 4.641780 | 2022-06-26 19:35:57 |