Future Trend Analysis Report
Prepared for you on Tuesday, May 30, 2023.
INR/USD E-MICRO May 2023 (CME:MIR.K23)
Bear Market Rally (-75) - MIR.K23 is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on MIR.K23 as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid MIR.K23?
MarketClub looks at technical strength and momentum to determine if the timing is right for MIR.K23.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for MIR.K23
The long-term trend has been DOWN since May 9th, 2023 at 121.74
The intermediate-term trend has been DOWN since May 9th, 2023 at 121.74
The short-term trend has been UP since May 26th, 2023 at 120.93
Smart Scan Analysis for MIR.K23
Based on our trend formula, MIR.K23 is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).