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Future Trend Analysis Report
Prepared for you on Tuesday, June 6, 2023.
INR/USD STANDARD May 2023 (CME:SIR.K23)
Bear Market Rally (-75) - SIR.K23 is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on SIR.K23 as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid SIR.K23?
MarketClub looks at technical strength and momentum to determine if the timing is right for SIR.K23.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for SIR.K23
The long-term trend has been DOWN since May 18th, 2023 at 121.16
The intermediate-term trend has been DOWN since May 15th, 2023 at 121.53
The short-term trend has been UP since May 24th, 2023 at 120.78
Smart Scan Analysis for SIR.K23
Based on our trend formula, SIR.K23 is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 120.87 | 121.10 | 120.85 | 121.14 | +0.10 |
| Prev. Close | Volume | Bid | Ask | Time |
| 120.97 | 844 | 2023-05-26 16:44:59 |
| Expiration | 2023-05-29 | Open Time | 18:00 |
| Close Time | 17:00 |