Forex Trend Analysis Report
Prepared for you on Friday, October 22, 2021.
Russian Ruble/Swiss Franc (FOREX:RUBCHF)
Long-Term Uptrend (+90) - RUBCHF is in a strong uptrend that is likely to continue. While RUBCHF is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
Is it time to buy, sell, or avoid RUBCHF?
MarketClub looks at technical strength and momentum to determine if the timing is right for RUBCHF.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for RUBCHF
The long-term trend has been UP since Feb 17th, 2021 at 0.01220372
The intermediate-term trend has been UP since Sep 2nd, 2021 at 0.01257601
The short-term trend has been UP since Oct 22nd, 2021 at 0.01304512
Smart Scan Analysis for RUBCHF
Based on our trend formula, RUBCHF is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).