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Forex Trend Analysis Report

Prepared for you on Thursday, June 4, 2020.

Russian Ruble/Australian Dollar (FOREX:RUBAUD)

Strong Downtrend (-100) - RUBAUD is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.

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

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

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

FOREX_RUBAUD
Open High Low RUBAUD Price Change
0.02116775 0.02117065 0.02099558 0.02101544 -0.00015200
Entry Signal

MarketClub’s Trade Triangles for RUBAUD

long term down The long-term trend has been DOWN since Mar 5th, 2020 at 0.02263035

intermediate term down The intermediate-term trend has been DOWN since Feb 2nd, 2020 at 0.02333377

short term down The short-term trend has been DOWN since Jun 1st, 2020 at 0.02121166

Smart Scan Analysis for RUBAUD

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

-100
Smart Scan Analysis for RUBAUD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.02116775 0.02117065 0.02099558 0.02101544 -0.00015200
Prev. Close Volume Bid Ask Time
0.02116775 0.02101447 0.02101641 2020-06-04 04:18:46
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