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Forex Trend Analysis Report

Prepared for you on Thursday, April 9, 2020.

Euro/Russian Ruble (FOREX:EURRUB)

Weak Downtrend (-65) - EURRUB is showing signs of a strengthening downtrend. Monitor EURRUB as it may be building momentum to the downside.

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

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

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

FOREX_EURRUB
Open High Low EURRUB Price Change
81.5144 81.7276 80.2281 80.2430 -1.2714
Entry Signal

MarketClub’s Trade Triangles for EURRUB

long term up The long-term trend has been UP since Feb 27th, 2020 at 71.6220

intermediate term down The intermediate-term trend has been DOWN since Apr 9th, 2020 at 80.4474

short term down The short-term trend has been DOWN since Apr 2nd, 2020 at 85.4500

Smart Scan Analysis for EURRUB

Based on our trend formula, EURRUB is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for EURRUB
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
81.5144 81.7276 80.2281 80.2430 -1.2714
Prev. Close Volume Bid Ask Time
81.5144 80.2200 80.2660 2020-04-09 07:04:32
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