Future Trend Analysis Report
Prepared for you on Monday, October 19, 2020.
INR/USD E-MICRO Oct 2020 (CME:MIR.V20)
Countertrend Up (+85) - MIR.V20 is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
Is it time to buy, sell, or avoid MIR.V20?
MarketClub looks at technical strength and momentum to determine if the timing is right for MIR.V20.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for MIR.V20
The long-term trend has been UP since Sep 25th, 2020 at 135.43
The intermediate-term trend has been UP since Sep 25th, 2020 at 135.43
The short-term trend has been DOWN since Oct 14th, 2020 at 136.09
Smart Scan Analysis for MIR.V20
Based on our trend formula, MIR.V20 is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).