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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.

FOREX_AUDCNH
Open High Low AUDCNH Price Change
4.641780 4.654670 4.640120 4.648945 +0.007165
Entry Signal

MarketClub’s Trade Triangles for AUDCNH

long term up The long-term trend has been UP since Mar 4th, 2022 at 4.654540

intermediate term down The intermediate-term trend has been DOWN since Jun 13th, 2022 at 4.703765

short term down 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).

-60
Smart Scan Analysis for AUDCNH
Strong Downtrend Sideways 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
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