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Future Trend Analysis Report

Prepared for you on Wednesday, October 20, 2021.

USD/OFFSHORE RMB Oct 2021 (CME:CNH.V21)

Long-Term Downtrend (-90) - CNH.V21 is in a strong downtrend that is likely to continue. While CNH.V21 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.V21?

MarketClub looks at technical strength and momentum to determine if the timing is right for CNH.V21.

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

CME_CNH.V21
Open High Low CNH.V21 Price Change
6.4319 6.4365 6.4319 6.4279 +0.0018
Entry Signal

MarketClub’s Trade Triangles for CNH.V21

long term down The long-term trend has been DOWN since Jul 9th, 2021 at 6.5417

intermediate term down The intermediate-term trend has been DOWN since Oct 1st, 2021 at 6.4418

short term down The short-term trend has been DOWN since Oct 13th, 2021 at 6.4427

Smart Scan Analysis for CNH.V21

Based on our trend formula, CNH.V21 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for CNH.V21
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
6.4319 6.4365 6.4319 6.4279 +0.0018
Prev. Close Volume Bid Ask Time
6.4365 7 2021-10-18 17:28:37
Expiration2021-10-18Open Time18:00
Close Time17:00
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