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.

Open	High	Low	CNYAUD Price	Change
0.20826454	0.21044357	0.20808260	0.21029377	+0.00202900
Entry Signal

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).

-75

Strong Downtrend Sideways 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

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