Forex Trend Analysis Report
Prepared for you on Tuesday, November 28, 2023.
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.
MarketClub’s Trade Triangles for EURRUB
The long-term trend has been DOWN since Nov 14th, 2023 at 97.3712
The intermediate-term trend has been DOWN since Oct 10th, 2023 at 101.3932
The short-term trend has been UP since Nov 24th, 2023 at 96.8779
Smart Scan Analysis for EURRUB
Based on our trend formula, EURRUB is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).