Forex Trend Analysis Report
Prepared for you on Monday, March 1, 2021.
Russian Ruble/Australian Dollar (FOREX:RUBAUD)
Weak Downtrend (-65) - RUBAUD is showing signs of a strengthening downtrend. Monitor RUBAUD as it may be building momentum to the downside.
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 Dec 21st, 2020 at 0.01772548
The short-term trend has been UP since Feb 26th, 2021 at 0.01718777
Smart Scan Analysis for RUBAUD
Based on our trend formula, RUBAUD is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).