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Future Trend Analysis Report

Prepared for you on Friday, April 16, 2021.

USD/OFFSHORE RMB Jun 2021 (CME:CNH.M21)

Bear Market Rally (-75) - CNH.M21 is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on CNH.M21 as it may be in the beginning of a reversal.

Is it time to buy, sell, or avoid CNH.M21?

MarketClub looks at technical strength and momentum to determine if the timing is right for CNH.M21.

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

CME_CNH.M21
Open High Low CNH.M21 Price Change
6.5601 6.5653 6.5494 6.5496 -0.0065
Entry Signal

MarketClub’s Trade Triangles for CNH.M21

long term down The long-term trend has been DOWN since Sep 3rd, 2020 at 7.1000

intermediate term up The intermediate-term trend has been UP since Feb 25th, 2021 at 6.5389

short term down The short-term trend has been DOWN since Apr 12th, 2021 at 6.5817

Smart Scan Analysis for CNH.M21

Based on our trend formula, CNH.M21 is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-75
Smart Scan Analysis for CNH.M21
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
6.5601 6.5653 6.5494 6.5496 -0.0065
Prev. Close Volume Bid Ask Time
6.5561 167 2021-04-16 10:20:42
Expiration2021-06-11Open Time18:00
Close Time17:00
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