Future Trend Analysis Report
Prepared for you on Tuesday, September 21, 2021.
USD/OFFSHORE RMB Dec 2021 (CME:CNH.Z21)
Long-Term Uptrend (+90) - CNH.Z21 is in a strong uptrend that is likely to continue. While CNH.Z21 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.Z21?
MarketClub looks at technical strength and momentum to determine if the timing is right for CNH.Z21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for CNH.Z21
The long-term trend has been UP since Jul 19th, 2021 at 6.5592
The intermediate-term trend has been UP since Sep 19th, 2021 at 6.5200
The short-term trend has been UP since Sep 16th, 2021 at 6.4945
Smart Scan Analysis for CNH.Z21
Based on our trend formula, CNH.Z21 is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).