Future Trend Analysis Report
Prepared for you on Sunday, September 23, 2018.
USD/OFFSHORE RMB Dec 2018 (E) (CME:CNH.Z18.E)
Smart Scan Chart Analysis shows that positive longer term is weakening. The market action could signal the start of a major trend change Weak Uptrend Very 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.Z18.E
The long term trend has been UP since May 29th, 2018 at 6.4737
The intermediate term trend has been UP since Sep 10th, 2018 at 6.9115
The short term trend has been DOWN since Sep 19th, 2018 at 6.8915
Smart Scan Analysis for CNH.Z18.E
Based on a pre-defined weighted trend formula for chart analysis, CNH.Z18.E scored +65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Contract High||6.9661||Contract High Date||2018-08-15|
|Contract Low||6.3143||Contract Low Date||2018-04-19|
|Open Time||18:00||Close Time||17:00|