Future Trend Analysis Report
Prepared for you on Thursday, December 3, 2020.
INR/USD E-MICRO Nov 2020 (CME:MIR.X20)
Sidelines Mode (-55) - MIR.X20 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.X20?
MarketClub looks at technical strength and momentum to determine if the timing is right for MIR.X20.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for MIR.X20
The long-term trend has been DOWN since Oct 26th, 2020 at 134.90
The intermediate-term trend has been DOWN since Oct 23rd, 2020 at 135.23
The short-term trend has been UP since Nov 17th, 2020 at 134.35
Smart Scan Analysis for MIR.X20
Based on our trend formula, MIR.X20 is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).