Future Trend Analysis Report
Prepared for you on Friday, February 28, 2020.
USD/OFFSHORE RMB Apr 2020 (CME:CNH.J20)
Bull Market Weakness (+75) - CNH.J20 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on CNH.J20 as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid CNH.J20?
MarketClub looks at technical strength and momentum to determine if the timing is right for CNH.J20.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for CNH.J20
The long-term trend has been UP since Jan 27th, 2020 at 6.9280
The intermediate-term trend has been UP since Jan 27th, 2020 at 6.9280
The short-term trend has been DOWN since Feb 27th, 2020 at 7.0262
Smart Scan Analysis for CNH.J20
Based on our trend formula, CNH.J20 is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).