Future Trend Analysis Report
Prepared for you on Sunday, August 7, 2022.
USD/OFFSHORE RMB Oct 2022 (CME:CNH.V22)
Countertrend Up (+85) - CNH.V22 is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
Is it time to buy, sell, or avoid CNH.V22?
MarketClub looks at technical strength and momentum to determine if the timing is right for CNH.V22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for CNH.V22
The long-term trend has been UP since May 3rd, 2022 at 6.6454
The intermediate-term trend has been UP since May 3rd, 2022 at 6.6454
The short-term trend has been UP since Aug 1st, 2022 at 6.7368
Smart Scan Analysis for CNH.V22
Based on our trend formula, CNH.V22 is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).