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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.

CME_MIR.K22
Open High Low MIR.K22 Price Change
128.67 128.98 128.67 128.89 +0.57
Entry Signal

MarketClub’s Trade Triangles for MIR.K22

long term down The long-term trend has been DOWN since May 6th, 2022 at 129.88

intermediate term down The intermediate-term trend has been DOWN since May 6th, 2022 at 129.88

short term down 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).

-90
Smart Scan Analysis for MIR.K22
Strong Downtrend Sideways 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
Expiration2022-05-27Open Time18:00
Close Time17:00
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