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Forex Trend Analysis Report

Prepared for you on Friday, October 22, 2021.

Japanese Yen/Russian Ruble (FOREX:JPYRUB)

Long-Term Downtrend (-90) - JPYRUB is in a strong downtrend that is likely to continue. While JPYRUB is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

Is it time to buy, sell, or avoid JPYRUB?

MarketClub looks at technical strength and momentum to determine if the timing is right for JPYRUB.

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FOREX_JPYRUB
Open High Low JPYRUB Price Change
0.62359976 0.62440103 0.61464343 0.61727749 -0.00632200
Entry Signal

MarketClub’s Trade Triangles for JPYRUB

long term down The long-term trend has been DOWN since Feb 15th, 2021 at 0.69906890

intermediate term down The intermediate-term trend has been DOWN since Sep 23rd, 2021 at 0.65902489

short term down The short-term trend has been DOWN since Oct 22nd, 2021 at 0.61789275

Smart Scan Analysis for JPYRUB

Based on our trend formula, JPYRUB is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for JPYRUB
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.62359976 0.62440103 0.61464343 0.61727749 -0.00632200
Prev. Close Volume Bid Ask Time
0.62359976 2021-10-22 17:00:44
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