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Future Trend Analysis Report

Prepared for you on Friday, January 22, 2021.

USD/OFFSHORE RMB Mar 2021 (CME:CNH.H21)

Sidelines Mode (-55) - CNH.H21 is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid CNH.H21?

MarketClub looks at technical strength and momentum to determine if the timing is right for CNH.H21.

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

CME_CNH.H21
Open High Low CNH.H21 Price Change
6.4869 6.5145 6.4836 6.5128 +0.0323
Entry Signal

MarketClub’s Trade Triangles for CNH.H21

long term down The long-term trend has been DOWN since Oct 1st, 2020 at 6.8598

intermediate term down The intermediate-term trend has been DOWN since Dec 29th, 2020 at 6.5340

short term up The short-term trend has been UP since Jan 22nd, 2021 at 6.4995

Smart Scan Analysis for CNH.H21

Based on our trend formula, CNH.H21 is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-55
Smart Scan Analysis for CNH.H21
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
6.4869 6.5145 6.4836 6.5128 +0.0323
Prev. Close Volume Bid Ask Time
6.6795 442 2021-01-22 13:41:44
Expiration2021-03-15Open Time18:00
Close Time17:00
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