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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.

CME_CNH.V22
Open High Low CNH.V22 Price Change
6.7528 6.7528 6.7528 6.7509 +0.0059
Entry Signal

MarketClub’s Trade Triangles for CNH.V22

long term up The long-term trend has been UP since May 3rd, 2022 at 6.6454

intermediate term up The intermediate-term trend has been UP since May 3rd, 2022 at 6.6454

short term up 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).

+80
Smart Scan Analysis for CNH.V22
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
6.7528 6.7528 6.7528 6.7509 +0.0059
Prev. Close Volume Bid Ask Time
6.7527 5 2022-08-04 04:39:23
Expiration2022-10-17Open Time18:00
Close Time17:00
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