Future Trend Analysis Report
Prepared for you on Thursday, November 30, 2023.
INR/USD STANDARD Nov 2023 (CME:SIR.X23)
Sidelines Mode (+55) - SIR.X23 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 SIR.X23?
MarketClub looks at technical strength and momentum to determine if the timing is right for SIR.X23.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SIR.X23
The long-term trend has been UP since Nov 14th, 2023 at 120.38
The intermediate-term trend has been UP since Nov 14th, 2023 at 120.38
The short-term trend has been DOWN since Nov 17th, 2023 at 120.11
Smart Scan Analysis for SIR.X23
Based on our trend formula, SIR.X23 is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).