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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.

FOREX_EURRUB
Open High Low EURRUB Price Change
105.6704 106.0211 105.6358 105.9344 +0.2640
Entry Signal

MarketClub’s Trade Triangles for EURRUB

long term up The long-term trend has been UP since Aug 13th, 2024 at 100.7577

intermediate term up The intermediate-term trend has been UP since Aug 12th, 2024 at 96.9247

short term up 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).

+100
Smart Scan Analysis for EURRUB
Strong Downtrend Sideways 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
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