Future Trend Analysis Report
Prepared for you on Thursday, April 22, 2021.
RUSSIAN RUBLE Apr 2021 (CME:6R.J21)
Long-Term Downtrend (-90) - 6R.J21 is in a strong downtrend that is likely to continue. While 6R.J21 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.J21?
MarketClub looks at technical strength and momentum to determine if the timing is right for 6R.J21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for 6R.J21
The long-term trend has been DOWN since Mar 23rd, 2021 at 0.01325
The intermediate-term trend has been DOWN since Mar 23rd, 2021 at 0.01325
The short-term trend has been DOWN since Mar 23rd, 2021 at 0.01360
Smart Scan Analysis for 6R.J21
Based on our trend formula, 6R.J21 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).