Future Trend Analysis Report
Prepared for you on Thursday, January 27, 2022.
RUSSIAN RUBLE Mar 2022 (CME:6R.H22)
Long-Term Downtrend (-90) - 6R.H22 is in a strong downtrend that is likely to continue. While 6R.H22 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 6R.H22?
MarketClub looks at technical strength and momentum to determine if the timing is right for 6R.H22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for 6R.H22
The long-term trend has been DOWN since Nov 18th, 2021 at 0.013500
The intermediate-term trend has been DOWN since Dec 31st, 2021 at 0.013140
The short-term trend has been DOWN since Jan 13th, 2022 at 0.012975
Smart Scan Analysis for 6R.H22
Based on our trend formula, 6R.H22 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).