Free Daily Analysis
Forex Trend Analysis Report
Prepared for you on Thursday, May 9, 2024.
Euro/Russian Ruble (FOREX:EURRUB)
Weak Downtrend (-65) - EURRUB is showing signs of a strengthening downtrend. Monitor EURRUB as it may be building momentum to the downside.
Is it time to buy, sell, or avoid EURRUB?
MarketClub looks at technical strength and momentum to determine if the timing is right for EURRUB.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
|
|||||||||||||||
|
|||||||||||||||
MarketClub’s Trade Triangles for EURRUB
The long-term trend has been UP since Feb 23rd, 2024 at 102.3955
The intermediate-term trend has been DOWN since Apr 19th, 2024 at 99.1304
The short-term trend has been DOWN since May 2nd, 2024 at 98.5000
Smart Scan Analysis for EURRUB
Based on our trend formula, EURRUB is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
-70
Strong Downtrend
Sideways
Strong Uptrend
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 98.61060 | 98.85310 | 98.57440 | 98.58245 | -0.02815 |
| Prev. Close | Volume | Bid | Ask | Time |
| 98.61060 | 2024-05-09 01:19:38 |
Get a free daily analysis and signals for Euro/Russian Ruble (EURRUB) - Request Your Free Report.