Forex Trend Analysis Report
Prepared for you on Saturday, January 22, 2022.
Russian Ruble/Brazilian Real (FOREX:RUBBRL)
Countertrend Down (-85) - RUBBRL is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score 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.
MarketClub’s Trade Triangles for RUBBRL
The long-term trend has been DOWN since Jan 13th, 2022 at 0.07336685
The intermediate-term trend has been DOWN since Dec 30th, 2021 at 0.07490616
The short-term trend has been UP since Jan 19th, 2022 at 0.07309141
Smart Scan Analysis for RUBBRL
Based on our trend formula, RUBBRL is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).