FXCH Makes Notable Cross Below Critical Moving Average

In trading on Tuesday, shares of the Chinese Renminbi Trust ETF ( FXCH) crossed below their 200 day moving average of $81.41, changing hands as low as $81.35 per share. Chinese Renminbi Trust shares are currently trading down about 0.5% on the day. The chart below shows the one year performance of FXCH shares, versus its 200 day moving average:

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Chinese Renminbi Trust 200 Day Moving Average Chart

Looking at the chart above, FXCH's low point in its 52 week range is $76.20 per share, with $87.00 as the 52 week high point — that compares with a last trade of $81.50.

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