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Forex Trend Analysis Report

Prepared for you on Tuesday, March 19, 2024.

Russian Ruble/Euro (FOREX:RUBEUR)

Long-Term Downtrend (-90) - RUBEUR is in a strong downtrend that is likely to continue. While RUBEUR is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

Is it time to buy, sell, or avoid RUBEUR?

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

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

FOREX_RUBEUR
Open High Low RUBEUR Price Change
0.01002814 0.01003386 0.01002409 0.01003377 +0.00000600
Entry Signal

MarketClub’s Trade Triangles for RUBEUR

long term down The long-term trend has been DOWN since Feb 23rd, 2024 at 0.00976605

intermediate term down The intermediate-term trend has been DOWN since Feb 15th, 2024 at 0.01008692

short term down The short-term trend has been DOWN since Mar 8th, 2024 at 0.01006945

Smart Scan Analysis for RUBEUR

Based on our trend formula, RUBEUR is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for RUBEUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.01002814 0.01003386 0.01002409 0.01003377 +0.00000600
Prev. Close Volume Bid Ask Time
0.01002814 2024-03-19 01:37:12
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