Future Trend Analysis Report
Prepared for you on Saturday, December 7, 2019.
INR/USD E-MICRO Nov 2019 (CME:MIR.X19)
Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down trend could be changing and moving into a trading range Sidelines Mode.
The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.
MarketClub’s Trade Triangles for MIR.X19
The long term trend has been DOWN since Nov 12th, 2019 at 139.25
The intermediate term trend has been DOWN since Nov 11th, 2019 at 139.90
The short term trend has been UP since Nov 18th, 2019 at 139.55
Smart Scan Analysis for MIR.X19
Based on a pre-defined weighted trend formula for chart analysis, MIR.X19 scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).