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Forex Trend Analysis Report
Prepared for you on Wednesday, November 20, 2024.
Russian Ruble/Euro (FOREX:RUBEUR)
Bear Market Rally (-75) - RUBEUR is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on RUBEUR as it may be in the beginning of a reversal.
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.
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MarketClub’s Trade Triangles for RUBEUR
The long-term trend has been DOWN since Aug 13th, 2024 at 0.00992526
The intermediate-term trend has been UP since Nov 6th, 2024 at 0.00972133
The short-term trend has been DOWN since Nov 14th, 2024 at 0.00952104
Smart Scan Analysis for RUBEUR
Based on our trend formula, RUBEUR is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.00946408 | 0.00947526 | 0.00940867 | 0.00942493 | -0.00003900 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.00946408 | 2024-11-20 03:36:55 |