Future Trend Analysis Report
Prepared for you on Saturday, April 17, 2021.
USD/OFFSHORE RMB Jun 2021 (CME:CNH.M21)
Weak Downtrend (-65) - CNH.M21 is showing signs of a strengthening downtrend. Monitor CNH.M21 as it may be building momentum to the downside.
Is it time to buy, sell, or avoid CNH.M21?
MarketClub looks at technical strength and momentum to determine if the timing is right for CNH.M21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for CNH.M21
The long-term trend has been DOWN since Sep 3rd, 2020 at 7.1000
The intermediate-term trend has been UP since Feb 25th, 2021 at 6.5389
The short-term trend has been DOWN since Apr 12th, 2021 at 6.5817
Smart Scan Analysis for CNH.M21
Based on our trend formula, CNH.M21 is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).