Free Daily Analysis
Future Trend Analysis Report
Prepared for you on Friday, May 27, 2022.
USD/OFFSHORE RMB May 2022 (CME:CNH.K22)
Long-Term Uptrend (+90) - CNH.K22 is in a strong uptrend that is likely to continue. While CNH.K22 is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
Is it time to buy, sell, or avoid CNH.K22?
MarketClub looks at technical strength and momentum to determine if the timing is right for CNH.K22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
|
|||||||||||||||
|
|||||||||||||||
MarketClub’s Trade Triangles for CNH.K22
The long-term trend has been UP since Mar 11th, 2022 at 6.3511
The intermediate-term trend has been UP since Mar 11th, 2022 at 6.3511
The short-term trend has been UP since Apr 19th, 2022 at 6.4064
Smart Scan Analysis for CNH.K22
Based on our trend formula, CNH.K22 is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 6.7937 | 6.7941 | 6.7848 | 6.7973 | -0.0093 |
| Prev. Close | Volume | Bid | Ask | Time |
| 6.7959 | 29 | 2022-05-15 21:34:30 |
| Expiration | 2022-05-16 | Open Time | 18:00 |
| Close Time | 17:00 |