Future Trend Analysis Report
Prepared for you on Wednesday, July 28, 2021.
USD/OFFSHORE RMB Aug 2021 (CME:CNH.Q21)
Long-Term Uptrend (+90) - CNH.Q21 is in a strong uptrend that is likely to continue. While CNH.Q21 is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
Is it time to buy, sell, or avoid CNH.Q21?
MarketClub looks at technical strength and momentum to determine if the timing is right for CNH.Q21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for CNH.Q21
The long-term trend has been UP since Jun 17th, 2021 at 6.4754
The intermediate-term trend has been UP since Jul 27th, 2021 at 6.5165
The short-term trend has been UP since Jul 27th, 2021 at 6.4970
Smart Scan Analysis for CNH.Q21
Based on our trend formula, CNH.Q21 is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).