Forex Trend Analysis Report
Prepared for you on Wednesday, August 10, 2022.
Russian Ruble/Swiss Franc (FOREX:RUBCHF)
Countertrend Down (-85) - RUBCHF 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 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 DOWN since Jul 3rd, 2022 at 0.00889200
The intermediate-term trend has been DOWN since Jul 3rd, 2022 at 0.00889200
The short-term trend has been UP since Aug 2nd, 2022 at 0.01575715
Smart Scan Analysis for RUBCHF
Based on our trend formula, RUBCHF is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).