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Forex Trend Analysis Report

Prepared for you on Thursday, March 28, 2024.

Euro/Russian Ruble (FOREX:EURRUB)

Countertrend Up (+85) - EURRUB 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 EURRUB?

MarketClub looks at technical strength and momentum to determine if the timing is right for EURRUB.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_EURRUB
Open High Low EURRUB Price Change
100.04865 100.48820 99.39850 99.89090 -0.15775
Entry Signal

MarketClub’s Trade Triangles for EURRUB

long term up The long-term trend has been UP since Feb 23rd, 2024 at 102.3955

intermediate term up The intermediate-term trend has been UP since Feb 4th, 2024 at 99.1383

short term down The short-term trend has been DOWN since Mar 28th, 2024 at 99.6907

Smart Scan Analysis for EURRUB

Based on our trend formula, EURRUB is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+85
Smart Scan Analysis for EURRUB
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
100.04865 100.48820 99.39850 99.89090 -0.15775
Prev. Close Volume Bid Ask Time
100.04865 2024-03-28 17:54:42
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