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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.

FOREX_EURRUB
Open High Low EURRUB Price Change
107.4358 107.4358 107.2500 107.4083 -0.0275
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 down The intermediate-term trend has been DOWN since Dec 8th, 2024 at 104.5242

short term down 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).

-70
Smart Scan Analysis for EURRUB
Strong Downtrend Sideways 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
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