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Where can I find the daily K-line trend chart of RMB to Canadian dollar?

Canadian dollar exchange rate - RMB to Canadian dollar is 0.1996 points. In November 2021, the Canadian dollar exchange rate - the year-on-year growth rate of RMB against the Canadian dollar was 1.72%, which is higher than the average of 0.75% in the report below, and the growth rate is optimistic. A higher international exchange rate of the Canadian dollar will increase the costs for Chinese students, which is not a favorable signal for students studying in Canada or for their parents living in Canada in the short term.

However, it can be seen that the Canadian dollar has been at a high level, and the high level has begun to stabilize, which is a signal of downward movement. In October 2019, the Bank of Canada announced an interest rate cut, which meant that the exchange rate of the Canadian dollar against the RMB would fall off a cliff. An obvious signal is that in the process of preparing to study in Canada, a preparation time span of half a year is a more appropriate expectation for the relative depreciation of the Canadian dollar.

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1. In addition, the increase in study abroad fees caused by the rise in exchange rates is less than 8% (calculated based on the lowest exchange rate on April 19 and the current highest exchange rate), and this ratio is definitely On the decline, it is expected to reach a low level within half a year. The advantages and prospects brought by studying in Canada cannot be ignored. And there is enough data to show that although Canada’s inflation rate in September was 1.9% (close to the 2% target set by the Bank of Canada), Canada’s post-graduation salary growth far exceeds this ratio. Students who are still choosing a country to study in will make horizontal comparisons with English-speaking countries such as Canada, and other currencies are also appreciating against the RMB. Relatively speaking, the rise and fall of the Canadian dollar is relatively mild, and the relative competitive advantages between currencies are also relatively obvious.

2. In short, students and parents do not need to panic in the face of the short-term rise in the Canadian dollar exchange rate. Dialectically, it better reflects Canada’s good economic growth potential and the job market’s demand for talents. Improving students' growth, admission and employability is not only the most important factor in studying abroad in the future, but also the core factor in determining personal development. The drawing method of K-line charts in the stock market and futures market includes four data: opening price, highest price, lowest price and closing price. All K-lines are centered around these four data to reflect the overall situation and price information. If you put the daily K-line chart on a piece of paper, you can get the daily K-line chart, as well as the weekly K-line chart and the monthly K-line chart.

3. It is drawn based on the opening price, highest price, lowest price and closing price of each analysis period. Taking the daily K-line as an example, first determine the opening price and closing price, and draw the part between them as a rectangular entity. If the closing price is higher than the opening price, the K line is called a positive line and is represented by a hollow entity. The opposite is called a negative line, represented by a black entity or a white entity. Many software can use color entities to represent negative and positive lines. In the domestic stock futures market, red is usually used to represent the positive line and green is used to represent the negative line.

4. However, investors involved in European and American stock markets and foreign exchange markets should note that in these markets, green usually represents a positive line and red represents a negative line, which is exactly the opposite of domestic habits. The price of the real body with a thin line connecting the high and low prices. The line between the highest price and the real body is called the upper shadow, and the line between the lowest price and the real body is called the lower shadow. Advantages: Able to observe the real changes in the market comprehensively and thoroughly. From the K-line chart, we can not only see the trend of stock prices (or general market conditions), but also understand the fluctuations of daily market conditions. Disadvantages: The drawing method is very complicated and is the most difficult of many trend charts. There are many changes in Yinxian and Yangxian.