Future Trend Analysis Report
Prepared for you on Sunday, August 1, 2021.
INR/USD E-MICRO Jul 2021 (CME:MIR.N21)
Sidelines Mode (-55) - MIR.N21 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 MIR.N21?
MarketClub looks at technical strength and momentum to determine if the timing is right for MIR.N21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for MIR.N21
The long-term trend has been DOWN since Jun 17th, 2021 at 136.37
The intermediate-term trend has been UP since Jul 21st, 2021 at 134.34
The short-term trend has been DOWN since Jul 27th, 2021 at 134.21
Smart Scan Analysis for MIR.N21
Based on our trend formula, MIR.N21 is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).