Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Monday, July 15, 2024.

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

Strong Uptrend (+100) - AUDCNH is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, AUDCNH continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.

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
4.929955 4.937595 4.923845 4.936705 +0.006750
Entry Signal

MarketClub’s Trade Triangles for AUDCNH

long term up The long-term trend has been UP since May 15th, 2024 at 4.808365

intermediate term up The intermediate-term trend has been UP since Jun 12th, 2024 at 4.857260

short term up The short-term trend has been UP since Jul 1st, 2024 at 4.879590

Smart Scan Analysis for AUDCNH

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

+100
Smart Scan Analysis for AUDCNH
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
4.929955 4.937595 4.923845 4.936705 +0.006750
Prev. Close Volume Bid Ask Time
4.929955 2024-07-15 04:31:40
Get a free daily analysis and signals for Australian Dollar/Chinese Yuan Renminbi Offshore (AUDCNH) - Request Your Free Report.