Forex Trend Analysis Report
Prepared for you on Tuesday, October 26, 2021.
Euro/Russian Ruble (FOREX:EURRUB)
Long-Term Downtrend (-90) - EURRUB is in a strong downtrend that is likely to continue. While EURRUB is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
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.
MarketClub’s Trade Triangles for EURRUB
The long-term trend has been DOWN since Jun 17th, 2021 at 86.5147
The intermediate-term trend has been DOWN since Sep 13th, 2021 at 86.0243
The short-term trend has been DOWN since Oct 22nd, 2021 at 82.3119
Smart Scan Analysis for EURRUB
Based on our trend formula, EURRUB is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).