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Forex Trend Analysis Report
Prepared for you on Thursday, April 18, 2024.
Russian Ruble/Brazilian Real (FOREX:RUBBRL)
Crossroads (+60) - RUBBRL is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
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 Jan 25th, 2024 at 0.05014243
The intermediate-term trend has been UP since Mar 6th, 2024 at 0.05440389
The short-term trend has been UP since Apr 11th, 2024 at 0.05480773
Smart Scan Analysis for RUBBRL
Based on our trend formula, RUBBRL is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.05558471 | 0.05605948 | 0.05555815 | 0.05568986 | +0.00010500 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.05558471 | 2024-04-18 20:29:51 |