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Forex Trend Analysis Report

Prepared for you on Tuesday, June 2, 2020.

South Korean Won/Russian Ruble (FOREX:KRWRUB)

Crossroads (-60) - KRWRUB is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

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

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

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_KRWRUB
Open High Low KRWRUB Price Change
0.05636461 0.05638404 0.05618471 0.05634116 -0.00002300
Entry Signal

MarketClub’s Trade Triangles for KRWRUB

long term up The long-term trend has been UP since Feb 28th, 2020 at 0.05530087

intermediate term down The intermediate-term trend has been DOWN since Apr 12th, 2020 at 0.06018520

short term down The short-term trend has been DOWN since May 15th, 2020 at 0.05967245

Smart Scan Analysis for KRWRUB

Based on our trend formula, KRWRUB is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-60
Smart Scan Analysis for KRWRUB
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.05636461 0.05638404 0.05618471 0.05634116 -0.00002300
Prev. Close Volume Bid Ask Time
0.05636461 0.05632929 0.05635304 2020-06-02 05:30:25
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