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Spread Trend Analysis Report

Prepared for you on Thursday, August 18, 2022.

USD/OFFSHORE RMB Dec 2022/Sep 2022 Spread (CME:CNH.Z22_U22)

Long-Term Downtrend (-90) - CNH.Z22_U22 is in a strong downtrend that is likely to continue. While CNH.Z22_U22 is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

Is it time to buy, sell, or avoid CNH.Z22_U22?

MarketClub looks at technical strength and momentum to determine if the timing is right for CNH.Z22_U22.

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

CME_CNH.Z22_U22
Open High Low CNH.Z22_U22 Price Change
-0.0196 -0.0196 -0.0197 -0.0197 +0.0002
Entry Signal

MarketClub’s Trade Triangles for CNH.Z22_U22

long term down The long-term trend has been DOWN since at

intermediate term down The intermediate-term trend has been DOWN since at

short term down The short-term trend has been DOWN since at

Smart Scan Analysis for CNH.Z22_U22

Based on our trend formula, CNH.Z22_U22 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for CNH.Z22_U22
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
-0.0196 -0.0196 -0.0197 -0.0197 +0.0002
Prev. Close Volume Bid Ask Time
-0.0199 6 2022-08-18 02:48:15
Open Time18:00Close Time17:00
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