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Forex Trend Analysis Report
Prepared for you on Thursday, April 25, 2024.
Russian Ruble/South Korean Won (FOREX:RUBKRW)
Sidelines Mode (+50) - RUBKRW is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until RUBKRW can gain momentum.
Is it time to buy, sell, or avoid RUBKRW?
MarketClub looks at technical strength and momentum to determine if the timing is right for RUBKRW.
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 RUBKRW
The long-term trend has been DOWN since Jan 25th, 2024 at 13.195855
The intermediate-term trend has been UP since Apr 1st, 2024 at 14.600953
The short-term trend has been UP since Apr 25th, 2024 at 14.763888
Smart Scan Analysis for RUBKRW
Based on our trend formula, RUBKRW is rated as a +50 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 14.887956 | 14.887956 | 14.874838 | 14.874838 | -0.013118 |
| Prev. Close | Volume | Bid | Ask | Time |
| 14.887956 | 2024-04-25 14:31:47 |