Future Trend Analysis Report
Prepared for you on Thursday, February 22, 2018.
USD/OFFSHORE RMB Mar 2018 (E) (CME:CNH.H18.E)
Smart Scan Chart Analysis is showing some near term rallying power. However, this market remains in the confines of a longer-term Downtrend 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.H18.E
The long term trend has been DOWN since Mar 22nd, 2017 at 7.0543
The intermediate term trend has been DOWN since Oct 11th, 2017 at 6.6438
The short term trend has been DOWN since Feb 15th, 2018 at 6.3149
Smart Scan Analysis for CNH.H18.E
Based on a pre-defined weighted trend formula for chart analysis, CNH.H18.E scored -80 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Contract High||7.2957||Contract High Date||2017-01-11|
|Contract Low||6.2714||Contract Low Date||2018-02-06|
|Open Time||18:00||Close Time||17:00|