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.
MarketClub’s Trade Triangles for RUBAUD
The long-term trend has been DOWN since Mar 5th, 2020 at 0.02263035
The intermediate-term trend has been DOWN since Feb 2nd, 2020 at 0.02333377
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).