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Forex Trend Analysis Report
Prepared for you on Monday, May 6, 2024.
South Korean Won/Russian Ruble (FOREX:KRWRUB)
Strong Downtrend (-100) - KRWRUB is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, KRWRUB continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid KRWRUB?
MarketClub looks at technical strength and momentum to determine if the timing is right for KRWRUB.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for KRWRUB
The long-term trend has been DOWN since May 6th, 2024 at 0.06716839
The intermediate-term trend has been DOWN since Apr 1st, 2024 at 0.06848869
The short-term trend has been DOWN since Apr 25th, 2024 at 0.06773284
Smart Scan Analysis for KRWRUB
Based on our trend formula, KRWRUB is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.06687760 | 0.06718991 | 0.06687760 | 0.06718991 | +0.00031200 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.06687760 | 2024-05-06 16:12:23 |