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USD/CNH

USDCNH
View Detailed Chart

7.121USD

-0.001-0.02%
Time
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15m
30m
1h
4h
D
W
D

Today

-0.02%

5 Days

-0.18%

1 Month

-0.33%

6 Months

-1.63%

Year to Date

-2.91%

1 Year

-1.47%

View Detailed Chart

Key Data Points

Opening Price

7.122

Previous Closing Price

7.122
Price Range of the Day
7.1187.123
52-Week Price Range
7.0847.429

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.

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Neutral
Sell(0)
Neutral(0)
Buy(0)
Indicators
Sell(0)
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Indicators
Value
Direction
MACD(12,26,9)
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RSI(14)
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STOCH(KDJ)(9,3,3)
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ATR(14)
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CCI(14)
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Williams %R
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TRIX(12,20)
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StochRSI(14)
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Moving Average
Sell(0)
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Buy(0)
Indicators
Value
Direction
MA5
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MA10
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MA20
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MA50
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MA100
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MA200
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USD/CNH Trading Strategy

Intraday
Short Term
The configuration is negative.

Trading Strategy

The configuration is negative.

Alternative scenario

above 7.1233, look for 7.1281 and 7.1309.

Comment

the downside prevails as long as 7.1233 is resistance

51 minutes ago
Source: Trading Central(Reference Only)

USD/CNH News

PBOC sets USD/CNY reference rate at 7.0833 vs. 7.0866 previous

The People’s Bank of China (PBOC) set the USD/CNY central rate for the trading session ahead on Wednesday at 7.0833 compared to the previous day's fix of 7.0866 and 7.1141 Reuters estimate.

Fxstreet9 hours ago
The People’s Bank of China (PBOC) set the USD/CNY central rate for the trading session ahead on Wednesday at 7.0833 compared to the previous day's fix of 7.0866 and 7.1141 Reuters estimate.

CNY: Mildly appreciating – Commerzbank

The PBoC would prefer to see an appreciating yuan to help promote the internationalization of the currency.

FxstreetTue, Nov 11
The  PBoC would prefer to see an appreciating yuan to help promote the internationalization of the currency.

PBOC sets USD/CNY reference rate at 7.0866 vs. 7.0856 previous

On Tuesday, the People’s Bank of China (PBOC) set the USD/CNY central rate for the trading session ahead at 7.0866 compared to the previous day's fix of 7.0856 and 7.1204 Reuters estimate.

FxstreetTue, Nov 11
On Tuesday, the People’s Bank of China (PBOC) set the USD/CNY central rate for the trading session ahead at 7.0866 compared to the previous day's fix of 7.0856 and 7.1204 Reuters estimate.

CNY: Low inflation despite surprise – Commerzbank

Over the weekend, Chinese inflation figures were published and showed a slight surprise on the upside. In this case, however, this should be seen as positive – because while the rest of the world is struggling with inflation that tends to be too high, China is still on the brink of deflation.

FxstreetMon, Nov 10
Over the weekend, Chinese inflation figures were published and showed a slight surprise on the upside. In this case, however, this should be seen as positive – because while the rest of the world is struggling with inflation that tends to be too high, China is still on the brink of deflation.

PBOC sets USD/CNY reference rate at 7.0856 vs. 7.0836 previous

The People’s Bank of China (PBOC) set the USD/CNY central rate for the trading session ahead on Monday at 7.0856 compared to the previous day's fix of 7.0836 and 7.1175 Reuters estimate.

FxstreetMon, Nov 10
The People’s Bank of China (PBOC) set the USD/CNY central rate for the trading session ahead on Monday at 7.0856 compared to the previous day's fix of 7.0836 and 7.1175 Reuters estimate.

China Producer Price Index (YoY) above expectations (-2.2%) in October: Actual (-2.1%)

China Producer Price Index (YoY) above expectations (-2.2%) in October: Actual (-2.1%)

FxstreetSun, Nov 9
China Producer Price Index (YoY) above expectations (-2.2%) in October: Actual (-2.1%)

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

7.121
-0.001-0.02%
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