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Forex Trend Analysis Report
Prepared for you on Saturday, December 21, 2024.
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.
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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 Dec 8th, 2024 at 104.5242
The short-term trend has been DOWN since Dec 20th, 2024 at 106.5803
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).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 107.4358 | 107.4358 | 107.2500 | 107.4083 | -0.0275 |
| Prev. Close | Volume | Bid | Ask | Time |
| 107.4358 | 2024-12-21 06:23:55 |