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Future Trend Analysis Report

Prepared for you on Monday, August 10, 2020.

USD/OFFSHORE RMB Dec 2020 (CME:CNH.Z20)

Long-Term Downtrend (-90) - CNH.Z20 is in a strong downtrend that is likely to continue. While CNH.Z20 is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

Is it time to buy, sell, or avoid CNH.Z20?

MarketClub looks at technical strength and momentum to determine if the timing is right for CNH.Z20.

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

CME_CNH.Z20
Open High Low CNH.Z20 Price Change
7.0254 7.0254 7.0254 7.0254 -0.0021
Entry Signal

MarketClub’s Trade Triangles for CNH.Z20

long term down The long-term trend has been DOWN since Jul 6th, 2020 at 7.0925

intermediate term down The intermediate-term trend has been DOWN since Jun 1st, 2020 at 7.2000

short term down The short-term trend has been DOWN since Jul 27th, 2020 at 7.0513

Smart Scan Analysis for CNH.Z20

Based on our trend formula, CNH.Z20 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for CNH.Z20
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
7.0254 7.0254 7.0254 7.0254 -0.0021
Prev. Close Volume Bid Ask Time
7.1100 5 2020-08-09 21:10:35
Expiration2020-12-14Open Time18:00
Close Time17:00
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