Future Trend Analysis Report
Prepared for you on Monday, May 17, 2021.
USD/OFFSHORE RMB Sep 2021 (CME:CNH.U21)
Strong Downtrend (-100) - CNH.U21 is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid CNH.U21?
MarketClub looks at technical strength and momentum to determine if the timing is right for CNH.U21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for CNH.U21
The long-term trend has been DOWN since May 3rd, 2021 at 6.5345
The intermediate-term trend has been DOWN since Apr 14th, 2021 at 6.6590
The short-term trend has been DOWN since May 6th, 2021 at 6.5288
Smart Scan Analysis for CNH.U21
Based on our trend formula, CNH.U21 is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).