Future Trend Analysis Report
Prepared for you on Tuesday, April 13, 2021.
USD/OFFSHORE RMB Apr 2021 (CME:CNH.J21)
Weak Downtrend (-65) - CNH.J21 is showing signs of a strengthening downtrend. Monitor CNH.J21 as it may be building momentum to the downside.
Is it time to buy, sell, or avoid CNH.J21?
MarketClub looks at technical strength and momentum to determine if the timing is right for CNH.J21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for CNH.J21
The long-term trend has been UP since Feb 18th, 2021 at 6.4800
The intermediate-term trend has been DOWN since Feb 16th, 2021 at 6.4585
The short-term trend has been DOWN since Apr 6th, 2021 at 6.5652
Smart Scan Analysis for CNH.J21
Based on our trend formula, CNH.J21 is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).