Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Friday, December 3, 2021.

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

Strong Uptrend (+100) - CNHAUD is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, CNHAUD 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 CNHAUD?

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

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

FOREX_CNHAUD
Open High Low CNHAUD Price Change
0.22182813 0.22230541 0.22162193 0.22219867 +0.00037100
Entry Signal

MarketClub’s Trade Triangles for CNHAUD

long term up The long-term trend has been UP since Jun 3rd, 2021 at 0.20428111

intermediate term up The intermediate-term trend has been UP since Nov 9th, 2021 at 0.21201494

short term up The short-term trend has been UP since Nov 16th, 2021 at 0.21517460

Smart Scan Analysis for CNHAUD

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

+100
Smart Scan Analysis for CNHAUD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.22182813 0.22230541 0.22162193 0.22219867 +0.00037100
Prev. Close Volume Bid Ask Time
0.22182813 2021-12-03 03:13:56
Get a free daily analysis and signals for Chinese Yuan Renminbi Offshore/Australian Dollar (CNHAUD) - Request Your Free Report.