Future Trend Analysis Report
Prepared for you on Monday, November 30, 2020.
RUSSIAN RUBLE Dec 2020 (CME:6R.Z20)
Sidelines Mode (+55) - 6R.Z20 is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid 6R.Z20?
MarketClub looks at technical strength and momentum to determine if the timing is right for 6R.Z20.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for 6R.Z20
The long-term trend has been DOWN since Aug 25th, 2020 at 0.013500
The intermediate-term trend has been UP since Nov 10th, 2020 at 0.013085
The short-term trend has been DOWN since Nov 27th, 2020 at 0.013135
Smart Scan Analysis for 6R.Z20
Based on our trend formula, 6R.Z20 is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).