Future Trend Analysis Report
Prepared for you on Wednesday, June 23, 2021.
USD/OFFSHORE RMB Jul 2021 (CME:CNH.N21)
Crossroads (+60) - CNH.N21 is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid CNH.N21?
MarketClub looks at technical strength and momentum to determine if the timing is right for CNH.N21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for CNH.N21
The long-term trend has been DOWN since Apr 26th, 2021 at 6.5283
The intermediate-term trend has been UP since Jun 16th, 2021 at 6.4317
The short-term trend has been UP since Jun 17th, 2021 at 6.4400
Smart Scan Analysis for CNH.N21
Based on our trend formula, CNH.N21 is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).