Future Trend Analysis Report
Prepared for you on Sunday, November 28, 2021.
USD/OFFSHORE RMB Nov 2021 (CME:CNH.X21)
Strong Downtrend (-100) - CNH.X21 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.X21?
MarketClub looks at technical strength and momentum to determine if the timing is right for CNH.X21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for CNH.X21
The long-term trend has been DOWN since Sep 3rd, 2021 at 6.5298
The intermediate-term trend has been DOWN since Sep 30th, 2021 at 6.4707
The short-term trend has been DOWN since Nov 12th, 2021 at 6.3882
Smart Scan Analysis for CNH.X21
Based on our trend formula, CNH.X21 is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).