Future Trend Analysis Report
Prepared for you on Tuesday, July 14, 2020.
RUSSIAN RUBLE Sep 2020 (CME:6R.U20)
Sidelines Mode (-55) - 6R.U20 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 6R.U20?
MarketClub looks at technical strength and momentum to determine if the timing is right for 6R.U20.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for 6R.U20
The long-term trend has been UP since Jun 1st, 2020 at 0.01403
The intermediate-term trend has been DOWN since Jun 30th, 2020 at 0.01402
The short-term trend has been UP since Jul 9th, 2020 at 0.01401
Smart Scan Analysis for 6R.U20
Based on our trend formula, 6R.U20 is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).