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Future Trend Analysis Report

Prepared for you on Wednesday, June 3, 2020.

USD/OFFSHORE RMB Jun 2020 (CME:CNH.M20)

Sidelines Mode (+55) - CNH.M20 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.M20?

MarketClub looks at technical strength and momentum to determine if the timing is right for CNH.M20.

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

CME_CNH.M20
Open High Low CNH.M20 Price Change
7.1125 7.1320 7.0970 7.1244 +0.0072
Entry Signal

MarketClub’s Trade Triangles for CNH.M20

long term up The long-term trend has been UP since Feb 20th, 2020 at 7.0700

intermediate term up The intermediate-term trend has been UP since Apr 30th, 2020 at 7.1142

short term down The short-term trend has been DOWN since May 29th, 2020 at 7.1483

Smart Scan Analysis for CNH.M20

Based on our trend formula, CNH.M20 is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for CNH.M20
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
7.1125 7.1320 7.0970 7.1244 +0.0072
Prev. Close Volume Bid Ask Time
7.0977 664 2020-06-03 13:44:13
Expiration2020-06-15Open Time18:00
Close Time17:00
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