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Future Trend Analysis Report

Prepared for you on Thursday, September 23, 2021.

USD/OFFSHORE RMB Sep 2021 (CME:CNH.U21)

Long-Term Downtrend (-90) - CNH.U21 is in a strong downtrend that is likely to continue. While CNH.U21 is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

Is it time to buy, sell, or avoid CNH.U21?

MarketClub looks at technical strength and momentum to determine if the timing is right for CNH.U21.

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

CME_CNH.U21
Open High Low CNH.U21 Price Change
6.4433 6.4464 6.4409 6.4443 +0.0035
Entry Signal

MarketClub’s Trade Triangles for CNH.U21

long term down The long-term trend has been DOWN since May 3rd, 2021 at 6.5345

intermediate term down The intermediate-term trend has been DOWN since Jul 29th, 2021 at 6.4867

short term down The short-term trend has been DOWN since Sep 9th, 2021 at 6.4515

Smart Scan Analysis for CNH.U21

Based on our trend formula, CNH.U21 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for CNH.U21
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
6.4433 6.4464 6.4409 6.4443 +0.0035
Prev. Close Volume Bid Ask Time
6.4457 63 2021-09-13 17:28:36
Expiration2021-09-13Open Time18:00
Close Time17:00
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