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Future Trend Analysis Report

Prepared for you on Thursday, March 30, 2023.

USD/OFFSHORE RMB Apr 2023 (CME:CNH.J23)

Sidelines Mode (-55) - CNH.J23 is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid CNH.J23?

MarketClub looks at technical strength and momentum to determine if the timing is right for CNH.J23.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

CME_CNH.J23
Open High Low CNH.J23 Price Change
6.8888 6.8994 6.8672 6.8694 -0.0132
Entry Signal

MarketClub’s Trade Triangles for CNH.J23

long term up The long-term trend has been UP since Feb 3rd, 2023 at 6.7543

intermediate term down The intermediate-term trend has been DOWN since Mar 13th, 2023 at 6.8406

short term up The short-term trend has been UP since Mar 26th, 2023 at 6.8692

Smart Scan Analysis for CNH.J23

Based on our trend formula, CNH.J23 is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-55
Smart Scan Analysis for CNH.J23
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
6.8888 6.8994 6.8672 6.8694 -0.0132
Prev. Close Volume Bid Ask Time
6.8694 150 2023-03-30 17:28:41
Expiration2023-04-17Open Time18:00
Close Time17:00
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