Forex Trend Analysis Report
Prepared for you on Thursday, May 2, 2024.
Russian Ruble/Swiss Franc (FOREX:RUBCHF)
Sidelines Mode (-55) - RUBCHF 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 RUBCHF?
MarketClub looks at technical strength and momentum to determine if the timing is right for RUBCHF.
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 RUBCHF
The long-term trend has been DOWN since Jan 25th, 2024 at 0.00882264
The intermediate-term trend has been UP since Apr 25th, 2024 at 0.00987002
The short-term trend has been DOWN since Apr 29th, 2024 at 0.00978963
Smart Scan Analysis for RUBCHF
Based on our trend formula, RUBCHF is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
Open | High | Low | Price | Change |
---|---|---|---|---|
0.00980387 | 0.00980644 | 0.00979788 | 0.00980013 | -0.00000400 |
Prev. Close | Volume | Bid | Ask | Time |
0.00980387 | 2024-05-02 00:46:52 |