Forex Trend Analysis Report
Prepared for you on Tuesday, October 26, 2021.
Australian Dollar/Russian Ruble (FOREX:AUDRUB)
Strong Downtrend (-100) - AUDRUB is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid AUDRUB?
MarketClub looks at technical strength and momentum to determine if the timing is right for AUDRUB.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for AUDRUB
The long-term trend has been DOWN since Jun 3rd, 2021 at 56.202339
The intermediate-term trend has been DOWN since Oct 25th, 2021 at 52.345245
The short-term trend has been DOWN since Oct 22nd, 2021 at 52.897724
Smart Scan Analysis for AUDRUB
Based on our trend formula, AUDRUB is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).