Future Trend Analysis Report
Prepared for you on Monday, December 11, 2017.
USD/OFFSHORE RMB Mar 2018 (E) (CME:CNH.H18.E)
Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term negative trend to resume. Downtrend with 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 UP since Nov 28th, 2017 at 6.6540
Smart Scan Analysis for CNH.H18.E
Based on a pre-defined weighted trend formula for chart analysis, CNH.H18.E scored -85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Contract High||7.2957||Contract High Date||2017-01-11|
|Contract Low||6.585||Contract Low Date||2017-09-10|
|Open Time||18:00||Close Time||17:00|