Future Trend Analysis Report
Prepared for you on Saturday, December 7, 2019.
USD/OFFSHORE RMB Dec 2019 (CME:CNH.Z19)
Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-trend could be changing and moving into a trading range Sidelines Mode.
The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.
MarketClub’s Trade Triangles for CNH.Z19
The long term trend has been UP since May 9th, 2019 at 6.7890
The intermediate term trend has been UP since Dec 3rd, 2019 at 7.0565
The short term trend has been DOWN since Dec 5th, 2019 at 7.0438
Smart Scan Analysis for CNH.Z19
Based on a pre-defined weighted trend formula for chart analysis, CNH.Z19 scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).