Forex Trend Analysis Report

Prepared for you on Friday, September 22, 2023.

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

Crossroads (-60) - CNHAUD 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 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.

Open	High	Low	CNHAUD Price	Change
0.21319695	0.21336884	0.21196368	0.21251463	-0.00068200
Entry Signal

MarketClub’s Trade Triangles for CNHAUD

The long-term trend has been DOWN since Jun 6th, 2023 at 0.21199437

The intermediate-term trend has been UP since Jul 27th, 2023 at 0.20850644

The short-term trend has been UP since Sep 21st, 2023 at 0.21355655

Smart Scan Analysis for CNHAUD

Based on our trend formula, CNHAUD is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-60

Strong Downtrend Sideways Strong Uptrend

Open	High	Low	Price	Change
0.21319695	0.21336884	0.21196368	0.21251463	-0.00068200
Prev. Close	Volume	Bid	Ask	Time
0.21319695				2023-09-22 17:07:42

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