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.
MarketClub’s Trade Triangles for RUBEUR
The long-term trend has been DOWN since Feb 27th, 2020 at 0.01396219
The intermediate-term trend has been UP since Apr 7th, 2020 at 0.01225191
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).