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USD/CNH

USDCNH
View Detailed Chart

7.039USD

-0.001-0.01%
Time
1m
15m
30m
1h
4h
D
W
D

Today

-0.01%

5 Days

-0.26%

1 Month

-0.95%

6 Months

-2.09%

Year to Date

-4.02%

1 Year

-3.39%

View Detailed Chart

Key Data Points

Opening Price

7.040

Previous Closing Price

7.040
Price Range of the Day
7.0367.040
52-Week Price Range
7.0317.429

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(9)
Neutral(2)
Buy(1)
Indicators
Sell(3)
Neutral(2)
Buy(1)
Indicators
Value
Direction
MACD(12,26,9)
-0.003
Sell
RSI(14)
31.225
Neutral
STOCH(KDJ)(9,3,3)
17.562
Neutral
ATR(14)
0.012
High Vlolatility
CCI(14)
-113.004
Sell
Williams %R
82.007
Oversold
TRIX(12,20)
-0.036
Sell
StochRSI(14)
54.803
Buy
Moving Average
Sell(6)
Neutral(0)
Buy(0)
Indicators
Value
Direction
MA5
7.042
Sell
MA10
7.051
Sell
MA20
7.064
Sell
MA50
7.097
Sell
MA100
7.121
Sell
MA200
7.171
Sell

USD/CNH Trading Strategy

Intraday
Short Term
The configuration is positive.

Trading Strategy

The configuration is positive.

Alternative scenario

below 7.0351, expect 7.0298 and 7.0266.

Comment

the upside prevails as long as 7.0351 is support

3 hours ago
Source: Trading Central(Reference Only)

USD/CNH News

PBOC sets USD/CNY reference rate at 7.0583 vs. 7.0573 previous

The People’s Bank of China (PBOC) sets the USD/CNY central rate for the trading session ahead on Thursday at 7.0583 compared to the previous day's fix of 7.0573.

Fxstreet39 minutes ago
The People’s Bank of China (PBOC) sets the USD/CNY central rate for the trading session ahead on Thursday at 7.0583 compared to the previous day's fix of 7.0573.

PBOC sets USD/CNY reference rate at 7.0573 vs. 7.0602 previous

On Wednesday, the People’s Bank of China (PBOC) sets the USD/CNY central rate for the trading session ahead at 7.0573 compared to the previous day's fix of 7.0602.

FxstreetWed, Dec 17
On Wednesday, the People’s Bank of China (PBOC) sets the USD/CNY central rate for the trading session ahead at 7.0573 compared to the previous day's fix of 7.0602.

CNY gains 0.9% in November on trade-weighted basis – Commerzbank

The Chinese Yuan (CNY) continued its steady appreciation, supported by a weaker US Dollar (USD), with USD/CNY falling to 7.0471. Banking sector foreign currency reserves rose further, reflecting efforts to moderate the pace of CNY gains while maintaining a high trade surplus.

FxstreetTue, Dec 16
The Chinese Yuan (CNY) continued its steady appreciation, supported by a weaker US Dollar (USD), with USD/CNY falling to 7.0471. Banking sector foreign currency reserves rose further, reflecting efforts to moderate the pace of CNY gains while maintaining a high trade surplus.

USD/CNH approaches 7.00 despite weak Chinese data – ING

USD/CNH nears 7.00, despite disappointing Chinese activity data.

FxstreetTue, Dec 16
USD/CNH nears 7.00, despite disappointing Chinese activity data.

PBOC sets USD/CNY reference rate at 7.0602 vs. 7.0656 previous

The People’s Bank of China (PBOC) sets the USD/CNY central rate for the trading session ahead on Tuesday at 7.0602 compared to the previous day's fix of 7.0656.

FxstreetTue, Dec 16
The People’s Bank of China (PBOC) sets the USD/CNY central rate for the trading session ahead on Tuesday at 7.0602 compared to the previous day's fix of 7.0656.

USD/CNH drops below 7.0500, lowest since October 2024 – BBH

USD/CNH fell below 7.0500, marking its lowest level since October 2024, amid weak November real sector data from China. Slower retail sales, subdued industrial production, and a sharper-than-expected drop in fixed asset investment highlight ongoing economic softness.

FxstreetMon, Dec 15
USD/CNH fell below 7.0500, marking its lowest level since October 2024, amid weak November real sector data from China. Slower retail sales, subdued industrial production, and a sharper-than-expected drop in fixed asset investment highlight ongoing economic softness.

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

7.039
-0.001-0.01%
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