Future Trend Analysis Report
Prepared for you on Wednesday, November 25, 2020.
USD/OFFSHORE RMB Nov 2020 (CME:CNH.X20)
Strong Downtrend (-100) - CNH.X20 is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid CNH.X20?
MarketClub looks at technical strength and momentum to determine if the timing is right for CNH.X20.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for CNH.X20
The long-term trend has been DOWN since Oct 1st, 2020 at 6.7759
The intermediate-term trend has been DOWN since Oct 1st, 2020 at 6.7759
The short-term trend has been DOWN since Nov 15th, 2020 at 6.6067
Smart Scan Analysis for CNH.X20
Based on our trend formula, CNH.X20 is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).