Free Daily Analysis

Future Trend Analysis Report

Prepared for you on Saturday, September 24, 2022.

USD/OFFSHORE RMB Mar 2023 (CME:CNH.H23)

Countertrend Up (+85) - CNH.H23 is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.

Is it time to buy, sell, or avoid CNH.H23?

MarketClub looks at technical strength and momentum to determine if the timing is right for CNH.H23.

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

CME_CNH.H23
Open High Low CNH.H23 Price Change
7.0942 7.0942 7.0942 7.0957 +0.0303
Entry Signal

MarketClub’s Trade Triangles for CNH.H23

long term up The long-term trend has been UP since Aug 18th, 2022 at 6.73

intermediate term up The intermediate-term trend has been UP since Aug 18th, 2022 at 6.71

short term up The short-term trend has been UP since Aug 18th, 2022 at 6.71

Smart Scan Analysis for CNH.H23

Based on our trend formula, CNH.H23 is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+80
Smart Scan Analysis for CNH.H23
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
7.0942 7.0942 7.0942 7.0957 +0.0303
Prev. Close Volume Bid Ask Time
7.0942 4 2022-09-23 09:45:08
Expiration2023-03-13Open Time18:00
Close Time17:00
Get a free daily analysis and signals for USD/OFFSHORE RMB Mar 2023 (CNH.H23) - Request Your Free Report.