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Forex Trend Analysis Report
Prepared for you on Tuesday, October 8, 2024.
Euro/Russian Ruble (FOREX:EURRUB)
Strong Uptrend (+100) - EURRUB is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, EURRUB continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
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 UP since Aug 12th, 2024 at 96.9247
The short-term trend has been UP since Sep 24th, 2024 at 103.9806
Smart Scan Analysis for EURRUB
Based on our trend formula, EURRUB is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 105.6704 | 106.0211 | 105.6358 | 105.9344 | +0.2640 |
| Prev. Close | Volume | Bid | Ask | Time |
| 105.6704 | 2024-10-08 07:45:27 |