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Future Trend Analysis Report

Prepared for you on Wednesday, October 28, 2020.

USD/OFFSHORE RMB Dec 2020 (CME:CNH.Z20)

Countertrend Down (-85) - CNH.Z20 is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.

Is it time to buy, sell, or avoid CNH.Z20?

MarketClub looks at technical strength and momentum to determine if the timing is right for CNH.Z20.

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

CME_CNH.Z20
Open High Low CNH.Z20 Price Change
6.7260 6.7405 6.7260 6.7264 -0.0034
Entry Signal

MarketClub’s Trade Triangles for CNH.Z20

long term down The long-term trend has been DOWN since Jul 6th, 2020 at 7.0925

intermediate term down The intermediate-term trend has been DOWN since Jun 1st, 2020 at 7.2000

short term up The short-term trend has been UP since Oct 26th, 2020 at 6.7025

Smart Scan Analysis for CNH.Z20

Based on our trend formula, CNH.Z20 is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-85
Smart Scan Analysis for CNH.Z20
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
6.7260 6.7405 6.7260 6.7264 -0.0034
Prev. Close Volume Bid Ask Time
6.7808 238 2020-10-28 00:21:07
Expiration2020-12-14Open Time18:00
Close Time17:00
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