Future Trend Analysis Report
Prepared for you on Wednesday, April 21, 2021.
INR/USD STANDARD Apr 2021 (CME:SIR.J21)
Long-Term Downtrend (-90) - SIR.J21 is in a strong downtrend that is likely to continue. While SIR.J21 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 SIR.J21?
MarketClub looks at technical strength and momentum to determine if the timing is right for SIR.J21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SIR.J21
The long-term trend has been DOWN since Apr 9th, 2021 at 133.41
The intermediate-term trend has been DOWN since Apr 7th, 2021 at 135.10
The short-term trend has been DOWN since Apr 21st, 2021 at 132.47
Smart Scan Analysis for SIR.J21
Based on our trend formula, SIR.J21 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).