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USD/CNH

USDCNH
View Detailed Chart

6.974USD

-0.009-0.12%
Time
1m
15m
30m
1h
4h
D
W
D

Today

-0.12%

5 Days

-0.01%

1 Month

-1.37%

6 Months

-2.88%

Year to Date

-0.01%

1 Year

-5.13%

View Detailed Chart

Key Data Points

Opening Price

6.983

Previous Closing Price

6.982
Price Range of the Day
6.9716.983
52-Week Price Range
6.9637.429

Indicators

The Indicators feature provides value and direction analysis for various instruments under a selection of technical indicators, together with a technical summary.

This feature includes nine of the commonly used technical indicators: MACD, RSI, KDJ, StochRSI, ATR, CCI, WR, TRIX and MA. You may also adjust the timeframe depending on your needs.

Please note that technical analysis is only part of investment reference, and there is no absolute standard for using numerical values to assess direction. The results are for reference only, and we are not responsible for the accuracy of the indicator calculations and summaries.

1m
5m
15m
30m
1h
2h
4h
D
W
M
1m
5m
15m
D
Sell
Sell(10)
Neutral(2)
Buy(0)
Indicators
Sell(4)
Neutral(2)
Buy(0)
Indicators
Value
Direction
MACD(12,26,9)
-0.000
Sell
RSI(14)
28.984
Sell
STOCH(KDJ)(9,3,3)
28.212
Neutral
ATR(14)
0.016
High Vlolatility
CCI(14)
-77.705
Neutral
Williams %R
85.514
Oversold
TRIX(12,20)
-0.056
Sell
StochRSI(14)
42.185
Sell
Moving Average
Sell(6)
Neutral(0)
Buy(0)
Indicators
Value
Direction
MA5
6.982
Sell
MA10
6.984
Sell
MA20
7.009
Sell
MA50
7.061
Sell
MA100
7.095
Sell
MA200
7.152
Sell

USD/CNH Trading Strategy

Intraday
Short Term
The MACD must break above its zero level to trigger further gains.

Trading Strategy

The MACD must break above its zero level to trigger further gains.

Alternative scenario

below 6.9774, expect 6.9727 and 6.9699.

Comment

our next up target stands at 6.9908

7 hours ago
Source: Trading Central(Reference Only)

More Details of USD/CNH

The USD/CNH currency pair represents the exchange rate between the US Dollar (USD) and the Chinese Yuan (CNH), which is the offshore version of the Renminbi (RMB). As China continues to play a significant role in the global economy, the USD/CNH pair has gained prominence among traders and investors. The pair reflects the value of the Chinese Yuan in relation to the US Dollar, influenced by various factors, including trade relations, economic indicators, and monetary policy.

Why is there an offshore version of the Yuan (CNH)?

The CNH was created to facilitate international trade and investment in China while allowing the Yuan's value to be influenced by market forces outside of mainland China's capital controls.

Can I trade USD/CNH on forex platforms?

Yes, USD/CNH is available on most forex trading platforms, allowing traders to speculate on its exchange rate.

How does USD/CNH differ from USD/CNY?

USD/CNY refers to the onshore exchange rate of the Yuan, which is controlled by the People's Bank of China, while USD/CNH is the rate used for trading outside of China and is more market-driven.

Related Instruments

USD/CNH

6.974
-0.009-0.12%
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