The possibility of making profit is inextricably interwoven with the risk of losses. Initiation of transactions with non-deliverable OTC financial instruments has a high degree of risk and can lead to losses up to the whole loss of deposited margin. Risks warning

✖
  1. Main
  2. Analytics
  3. Currency Rates
  4. USDCNH

exchange rate US dollar chinese yuan on Forexexchange rate US dollar chinese yuan on Forex

USDCNH Symbol Info by TradingView
Buy Sell

Online chart exchange rate US dollar chinese yuan*

Interest in the Chinese yuan began about five years ago. Investment operations for the “Renminbi”, as the Chinese themselves call it, in conjunction with the US dollar, were not offered by all companies. And there was no question of getting more or less high-quality online quotes.

Today, the situation on Forex has changed radically. you can view the history of the investment instrument over the past 5 years on our charts . The online chart allows you to set the necessary time frame, and conduct high -quality technical analysis using popular indicators.

USDCNH analytics

Technical Analysis for USDCNHby TradingView

WHAT IS YOUR FORECAST FOR USDCNH

GROWTH FALL

Investment in the Chinese yuan does not always go smoothly, the main problem is that the Central Bank of China begins to intervene as soon as the value of the currency goes out of a certain price range. It is quite difficult to predict the consequences of deliberate interventions.

However, with relatively quiet volatility, when USDCNH moves in a range, most company’s clients prefer to use the market sentiment widget. The indicator shows preferences in buying or selling the renminbi.

If the activity of speculators is guided by a “bullish” trend, the indicator will move to the extreme right. And accordingly, everything will be the opposite with “bearish” trends. Moreover, the neutral value of the widget arrow indicates the flat state of the market.

News on the USDCNH

Economic Calendar by TradingView

To confirm the strategy, in long-term investment, professionals are guided by the Forex economic calendar. The main advantages of the indicator widget are a timely warning about news output and a flexible filter that can be used to filter out “weak” news.