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Forex Trend Analysis Report
Prepared for you on Thursday, May 9, 2024.
Russian Ruble/US Dollar (FOREX:RUBUSD)
Sidelines Mode (-55) - RUBUSD 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 RUBUSD?
MarketClub looks at technical strength and momentum to determine if the timing is right for RUBUSD.
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 RUBUSD
The long-term trend has been DOWN since Feb 22nd, 2024 at 0.01066724
The intermediate-term trend has been UP since Apr 25th, 2024 at 0.01086000
The short-term trend has been DOWN since May 9th, 2024 at 0.01082000
Smart Scan Analysis for RUBUSD
Based on our trend formula, RUBUSD is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.01087 | 0.01087 | 0.01074 | 0.01078 | -0.00009 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.01087 | 2024-05-09 09:02:19 |