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Forex Trend Analysis Report
Prepared for you on Wednesday, November 20, 2024.
Euro/Russian Ruble (FOREX:EURRUB)
Bull Market Weakness (+75) - EURRUB is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on EURRUB as it may be in the beginning stages of a reversal.
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.
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MarketClub’s Trade Triangles for EURRUB
The long-term trend has been UP since Aug 13th, 2024 at 100.7577
The intermediate-term trend has been DOWN since Nov 6th, 2024 at 102.8666
The short-term trend has been UP since Nov 14th, 2024 at 105.0305
Smart Scan Analysis for EURRUB
Based on our trend formula, EURRUB is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 105.6627 | 106.2850 | 105.5420 | 106.1086 | +0.4459 |
| Prev. Close | Volume | Bid | Ask | Time |
| 105.6627 | 2024-11-20 03:43:09 |