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Forex Trend Analysis Report

Prepared for you on Wednesday, April 8, 2020.

Russian Ruble/Euro (FOREX:RUBEUR)

Crossroads (+60) - RUBEUR 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 RUBEUR?

MarketClub looks at technical strength and momentum to determine if the timing is right for RUBEUR.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_RUBEUR
Open High Low RUBEUR Price Change
0.01223936 0.01229949 0.01213349 0.01225375 +0.00001400
Entry Signal

MarketClub’s Trade Triangles for RUBEUR

long term down The long-term trend has been DOWN since Feb 27th, 2020 at 0.01396219

intermediate term up The intermediate-term trend has been UP since Apr 7th, 2020 at 0.01225191

short term up The short-term trend has been UP since Apr 2nd, 2020 at 0.01170468

Smart Scan Analysis for RUBEUR

Based on our trend formula, RUBEUR is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+60
Smart Scan Analysis for RUBEUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.01223936 0.01229949 0.01213349 0.01225375 +0.00001400
Prev. Close Volume Bid Ask Time
0.01223936 0.01225307 0.01225442 2020-04-08 21:05:45
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