Future Trend Analysis Report
Prepared for you on Sunday, May 16, 2021.
RUSSIAN RUBLE Jun 2021 (CME:6R.M21)
Crossroads (+60) - 6R.M21 is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid 6R.M21?
MarketClub looks at technical strength and momentum to determine if the timing is right for 6R.M21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for 6R.M21
The long-term trend has been DOWN since Mar 22nd, 2021 at 0.01320
The intermediate-term trend has been UP since Apr 23rd, 2021 at 0.01321
The short-term trend has been UP since May 14th, 2021 at 0.01349
Smart Scan Analysis for 6R.M21
Based on our trend formula, 6R.M21 is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).