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Forex Trend Analysis Report

Prepared for you on Tuesday, March 21, 2023.

Russian Ruble/Euro (FOREX:RUBEUR)

Long-Term Downtrend (-90) - RUBEUR is in a strong downtrend that is likely to continue. While RUBEUR is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

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
0.01204052 0.01212326 0.01203884 0.01205777 +0.00001700
Entry Signal

MarketClub’s Trade Triangles for RUBEUR

long term down The long-term trend has been DOWN since Nov 30th, 2022 at 0.01573647

intermediate term down The intermediate-term trend has been DOWN since Oct 24th, 2022 at 0.01679735

short term down The short-term trend has been DOWN since Mar 16th, 2023 at 0.01226889

Smart Scan Analysis for RUBEUR

Based on our trend formula, RUBEUR is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for RUBEUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.01204052 0.01212326 0.01203884 0.01205777 +0.00001700
Prev. Close Volume Bid Ask Time
0.01204052 2023-03-21 03:26:36
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