Forex Trend Analysis Report
Prepared for you on Monday, October 18, 2021.
Russian Ruble/Australian Dollar (FOREX:RUBAUD)
Bull Market Weakness (+75) - RUBAUD is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on RUBAUD as it may be in the beginning stages of a reversal.
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 UP since Jun 3rd, 2021 at 0.01779294
The intermediate-term trend has been UP since Sep 16th, 2021 at 0.01890057
The short-term trend has been UP since Oct 15th, 2021 at 0.01900059
Smart Scan Analysis for RUBAUD
Based on our trend formula, RUBAUD is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).