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Forex Trend Analysis Report

Prepared for you on Sunday, September 26, 2021.

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

Bear Market Rally (-75) - AUDCNH is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on AUDCNH as it may be in the beginning of a reversal.

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
4.71780 4.71850 4.68258 4.69096 -0.02684
Entry Signal

MarketClub’s Trade Triangles for AUDCNH

long term down The long-term trend has been DOWN since Jun 3rd, 2021 at 4.895445

intermediate term down The intermediate-term trend has been DOWN since Sep 19th, 2021 at 4.694370

short term up The short-term trend has been UP since Sep 23rd, 2021 at 4.715910

Smart Scan Analysis for AUDCNH

Based on our trend formula, AUDCNH is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-75
Smart Scan Analysis for AUDCNH
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
4.71780 4.71850 4.68258 4.69096 -0.02684
Prev. Close Volume Bid Ask Time
4.71780 2021-09-24 17:07:52
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