(Last Updated April 6, 2020)
Welcome to the news page for USDCNH. Below you’ll find our daily market updates. Here’s a summary of where things currently stand:
The Latest News On Trends by Moving Averages
Here is what the moving averages are indicating about the trend in the rate of USDCNH:
20 Day Moving Average Direction: bullish
50 Day Moving Average Direction: bullish
100 Day Moving Average Direction: bullish
200 Day Moving Average Direction: bullish
How the Current USDCNH Rate Fares Relative to the Past Year?
The previous trading day saw USDCNH close at a rate of 7.10665. On a relative basis, that puts the pair closer to its 52 week high (currently at 7.19825) than its 52 week low (now at 6.67566).To dig deeper and get the latest news on USDCNH, try the links below. You can also visit the MarketWatch or Investing.com pages on USDCNH for more news as well.
As for the alignment of the moving averages, well, it’s a bit mixed up; the 20, 50, 100, and 200 do not progress from largest to smallest, or vice versa.
As for the alignment of the moving averages, well, it’s a bit mixed up; the 20, 50, 100, and 200 do not progress from largest to smallest, or vice versa.
Trend traders will want to observe that the strongest trend appears on the 30 day horizon; over that time period, price has been moving up.
As for the alignment of the moving averages, well, it’s a bit mixed up; the 20, 50, 100, and 200 do not progress from largest to smallest, or vice versa.
As for the alignment of the moving averages, well, it’s a bit mixed up; the 20, 50, 100, and 200 do not progress from largest to smallest, or vice versa.
Relative to other instruments in the forex asset class, usd/cnh ranked 39th yesterday in terms of percentage price change.
The closest is the 20 day average, which is 772.1 pips away.
Those trading within the forex asset class should know that usd/cnh was the worst performer in the class.
Trend traders will want to observe that the strongest trend appears on the 14 day horizon; over that time period, price has been moving up.
