Future Trend Analysis Report
Prepared for you on Wednesday, January 19, 2022.
USD/OFFSHORE RMB Jan 2022 (CME:CNH.F22)
Long-Term Downtrend (-90) - CNH.F22 is in a strong downtrend that is likely to continue. While CNH.F22 is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid CNH.F22?
MarketClub looks at technical strength and momentum to determine if the timing is right for CNH.F22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for CNH.F22
The long-term trend has been DOWN since Sep 27th, 2021 at 6.5401
The intermediate-term trend has been DOWN since Nov 16th, 2021 at 6.4281
The short-term trend has been DOWN since Jan 10th, 2022 at 6.3802
Smart Scan Analysis for CNH.F22
Based on our trend formula, CNH.F22 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).