Future Trend Analysis Report
Prepared for you on Saturday, June 23, 2018.
USD/OFFSHORE RMB Jun 2018 (E) (CME:CNH.M18.E)
Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with tight money management stops.
The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.
MarketClub’s Trade Triangles for CNH.M18.E
The long term trend has been UP since May 29th, 2018 at 6.4200
The intermediate term trend has been UP since Apr 25th, 2018 at 6.3387
The short term trend has been DOWN since Jun 13th, 2018 at 6.3961
Smart Scan Analysis for CNH.M18.E
Based on a pre-defined weighted trend formula for chart analysis, CNH.M18.E scored +75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Contract High||6.76||Contract High Date||2017-11-12|
|Contract Low||6.2685||Contract Low Date||2018-04-19|
|Open Time||18:00||Close Time||17:00|