
Forex Trend Analysis Report
Prepared for you on Monday, January 30, 2023.
Chinese Yuan Renminbi/Australian Dollar (FOREX:CNYAUD)
Bear Market Rally (-75) - CNYAUD is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on CNYAUD as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid CNYAUD?
MarketClub looks at technical strength and momentum to determine if the timing is right for CNYAUD.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for CNYAUD
The long-term trend has been DOWN since Nov 23rd, 2022 at 0.20756281
The intermediate-term trend has been DOWN since Jan 17th, 2023 at 0.21071395
The short-term trend has been UP since Jan 29th, 2023 at 0.20862674
Smart Scan Analysis for CNYAUD
Based on our trend formula, CNYAUD is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

Open | High | Low | Price | Change |
---|---|---|---|---|
0.20826454 | 0.21044357 | 0.20808260 | 0.21029377 | +0.00202900 |
Prev. Close | Volume | Bid | Ask | Time |
0.20826454 | 2023-01-30 22:29:38 |