Future Trend Analysis Report
Prepared for you on Monday, May 10, 2021.
INR/USD E-MICRO Apr 2021 (CME:MIR.J21)
Sidelines Mode (-55) - MIR.J21 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.J21?
MarketClub looks at technical strength and momentum to determine if the timing is right for MIR.J21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for MIR.J21
The long-term trend has been DOWN since Apr 7th, 2021 at 134.45
The intermediate-term trend has been DOWN since Mar 30th, 2021 at 135.93
The short-term trend has been UP since Apr 26th, 2021 at 133.59
Smart Scan Analysis for MIR.J21
Based on our trend formula, MIR.J21 is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).