Future Trend Analysis Report
Prepared for you on Thursday, September 24, 2020.
USD/OFFSHORE RMB Sep 2020 (CME:CNH.U20)
Strong Downtrend (-100) - CNH.U20 is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid CNH.U20?
MarketClub looks at technical strength and momentum to determine if the timing is right for CNH.U20.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for CNH.U20
The long-term trend has been DOWN since Jul 6th, 2020 at 7.0569
The intermediate-term trend has been DOWN since Jun 5th, 2020 at 7.1263
The short-term trend has been DOWN since Sep 11th, 2020 at 6.8373
Smart Scan Analysis for CNH.U20
Based on our trend formula, CNH.U20 is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).