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Forex Trend Analysis Report
Prepared for you on Wednesday, November 20, 2024.
Russian Ruble/Brazilian Real (FOREX:RUBBRL)
Strong Downtrend (-100) - RUBBRL is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, RUBBRL continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid RUBBRL?
MarketClub looks at technical strength and momentum to determine if the timing is right for RUBBRL.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for RUBBRL
The long-term trend has been DOWN since Oct 1st, 2024 at 0.05757082
The intermediate-term trend has been DOWN since Nov 18th, 2024 at 0.05752479
The short-term trend has been DOWN since Nov 13th, 2024 at 0.05849162
Smart Scan Analysis for RUBBRL
Based on our trend formula, RUBBRL is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.05788706 | 0.05789355 | 0.05748992 | 0.05753572 | -0.00035100 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.05788706 | 2024-11-20 03:27:05 |