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Future Trend Analysis Report
Prepared for you on Thursday, August 11, 2022.
USD/OFFSHORE RMB Sep 2022 (CME:CNH.U22)
Crossroads (-60) - CNH.U22 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.U22?
MarketClub looks at technical strength and momentum to determine if the timing is right for CNH.U22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for CNH.U22
The long-term trend has been UP since Apr 19th, 2022 at 6.4624
The intermediate-term trend has been DOWN since Aug 10th, 2022 at 6.7230
The short-term trend has been DOWN since Aug 4th, 2022 at 6.7470
Smart Scan Analysis for CNH.U22
Based on our trend formula, CNH.U22 is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 6.7193 | 6.7382 | 6.7193 | 6.7310 | +0.0118 |
| Prev. Close | Volume | Bid | Ask | Time |
| 6.7192 | 154 | 2022-08-11 11:04:15 |
| Expiration | 2022-09-19 | Open Time | 18:00 |
| Close Time | 17:00 |