Free Daily Analysis
Forex Trend Analysis Report
Prepared for you on Thursday, May 9, 2024.
Russian Ruble/South Korean Won (FOREX:RUBKRW)
Countertrend Up (+85) - RUBKRW 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 RUBKRW?
MarketClub looks at technical strength and momentum to determine if the timing is right for RUBKRW.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
|
|||||||||||||||
|
|||||||||||||||
MarketClub’s Trade Triangles for RUBKRW
The long-term trend has been UP since May 6th, 2024 at 14.887956
The intermediate-term trend has been UP since Apr 1st, 2024 at 14.600953
The short-term trend has been UP since Apr 25th, 2024 at 14.763888
Smart Scan Analysis for RUBKRW
Based on our trend formula, RUBKRW is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 14.905653 | 14.905653 | 14.905653 | 14.905653 | 0.000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 14.905653 | 2024-05-09 13:14:55 |