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Forex Trend Analysis Report

Prepared for you on Sunday, November 29, 2020.

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.

FOREX_EURRUB
Open High Low EURRUB Price Change
90.2301 91.0171 90.1627 90.9083 +0.6782
Entry Signal

MarketClub’s Trade Triangles for EURRUB

long term up The long-term trend has been UP since Feb 27th, 2020 at 71.62200

intermediate term down The intermediate-term trend has been DOWN since Nov 9th, 2020 at 89.83757

short term up The short-term trend has been UP since Nov 27th, 2020 at 90.46240

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).

+75
Smart Scan Analysis for EURRUB
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
90.2301 91.0171 90.1627 90.9083 +0.6782
Prev. Close Volume Bid Ask Time
90.9083 2020-11-27 18:57:39
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