Future Trend Analysis Report
Prepared for you on Friday, January 28, 2022.
USD/OFFSHORE RMB Mar 2022 (CME:CNH.H22)
Sidelines Mode (-55) - CNH.H22 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.H22?
MarketClub looks at technical strength and momentum to determine if the timing is right for CNH.H22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for CNH.H22
The long-term trend has been DOWN since Oct 15th, 2021 at 6.5074
The intermediate-term trend has been DOWN since Oct 13th, 2021 at 6.5354
The short-term trend has been UP since Jan 26th, 2022 at 6.3612
Smart Scan Analysis for CNH.H22
Based on our trend formula, CNH.H22 is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).