Forex Trend Analysis Report
Prepared for you on Thursday, May 28, 2020.
Australian Dollar/Russian Ruble (FOREX:AUDRUB)
Bull Market Weakness (+75) - AUDRUB is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on AUDRUB as it may be in the beginning stages of a reversal.
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 UP since Mar 5th, 2020 at 44.187147
The intermediate-term trend has been UP since Feb 2nd, 2020 at 42.846681
The short-term trend has been UP since May 25th, 2020 at 47.005618
Smart Scan Analysis for AUDRUB
Based on our trend formula, AUDRUB is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).