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Forex Trend Analysis Report
Prepared for you on Thursday, May 9, 2024.
Russian Ruble/Swedish Krona (FOREX:RUBSEK)
Long-Term Uptrend (+90) - RUBSEK is in a strong uptrend that is likely to continue. While RUBSEK is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
Is it time to buy, sell, or avoid RUBSEK?
MarketClub looks at technical strength and momentum to determine if the timing is right for RUBSEK.
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 RUBSEK
The long-term trend has been UP since May 8th, 2024 at 0.11921082
The intermediate-term trend has been UP since Mar 27th, 2024 at 0.11504253
The short-term trend has been UP since May 6th, 2024 at 0.11915710
Smart Scan Analysis for RUBSEK
Based on our trend formula, RUBSEK is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.11867002 | 0.11867002 | 0.11738068 | 0.11782281 | -0.00084700 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.11867002 | 2024-05-09 05:56:53 |