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.
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MarketClub’s Trade Triangles for EURRUB
The long-term trend has been UP since Feb 23rd, 2024 at 102.3955
The intermediate-term trend has been UP since Feb 4th, 2024 at 99.1383
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).
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 |