Future Trend Analysis Report
Prepared for you on Tuesday, July 27, 2021.
USD/OFFSHORE RMB Jul 2021 (CME:CNH.N21)
Weak Downtrend (-65) - CNH.N21 is showing signs of a strengthening downtrend. Monitor CNH.N21 as it may be building momentum to the downside.
Is it time to buy, sell, or avoid CNH.N21?
MarketClub looks at technical strength and momentum to determine if the timing is right for CNH.N21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for CNH.N21
The long-term trend has been DOWN since Apr 26th, 2021 at 6.5283
The intermediate-term trend has been DOWN since Jul 14th, 2021 at 6.4625
The short-term trend has been DOWN since Jul 12th, 2021 at 6.4842
Smart Scan Analysis for CNH.N21
Based on our trend formula, CNH.N21 is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).