Today's CNY to NZD Price Update

Summary

This report provides the real-time exchange rate between the Chinese Yuan (CNY) and the New Zealand Dollar (NZD), helping traders quickly grasp market dynamics and identify potential trading opportunities.

Definition

The Chinese Yuan (CNY) is a major fiat currency and the official currency of China, while the New Zealand Dollar (NZD) represents the economic interests of New Zealand. The exchange rate between them reflects market perceptions of relative economic strength and currency stability between the two nations.

Today’s Price

• 1 CNY = 0.249 NZD
• 24h High: 0.24875 NZD
• 24h Low: 0.24789 NZD

Market Analysis

Recent CNY/NZD price movements show relatively tight trading ranges with technical indicators providing actionable signals for traders.

• Technical outlook: Moving averages show a Strong Buy signal with 10 Buy signals and 2 Sell signals across multiple timeframes (MA5 to MA200)
• Technical tools in focus: Traders are actively monitoring moving averages, stochastics, MACD, and RSI indicators
• 14-day rate target: 0.255 NZD per CNY
• Risk note: Short-term volatility within the 0.247–0.249 range should be anticipated
• Trading opportunities: Watch for potential upside moves toward the 0.255 level, with support established near 0.247

Conclusion

Continue to monitor the CNY/NZD pair closely through technical analysis tools and moving average signals. The current Strong Buy outlook suggests potential upside opportunities, though traders should remain vigilant of support and resistance levels for optimal entry and exit points.