Forex Trend Analysis Report
Prepared for you on Saturday, December 5, 2020.
Australian Dollar/Russian Ruble (FOREX:AUDRUB)
Weak Downtrend (-65) - AUDRUB is showing signs of a strengthening downtrend. Monitor AUDRUB as it may be building momentum to the downside.
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 DOWN since Nov 23rd, 2020 at 55.331720
The short-term trend has been DOWN since Dec 1st, 2020 at 55.790688
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).