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Future Trend Analysis Report
Prepared for you on Tuesday, May 24, 2022.
INR/USD E-MICRO May 2022 (CME:MIR.K22)
Long-Term Downtrend (-90) - MIR.K22 is in a strong downtrend that is likely to continue. While MIR.K22 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 MIR.K22?
MarketClub looks at technical strength and momentum to determine if the timing is right for MIR.K22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for MIR.K22
The long-term trend has been DOWN since May 6th, 2022 at 129.88
The intermediate-term trend has been DOWN since May 6th, 2022 at 129.88
The short-term trend has been DOWN since May 19th, 2022 at 128.45
Smart Scan Analysis for MIR.K22
Based on our trend formula, MIR.K22 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 128.67 | 128.98 | 128.67 | 128.89 | +0.57 |
| Prev. Close | Volume | Bid | Ask | Time |
| 128.95 | 21 | 2022-05-23 17:28:38 |
| Expiration | 2022-05-27 | Open Time | 18:00 |
| Close Time | 17:00 |