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Forex Trend Analysis Report

Prepared for you on Thursday, December 12, 2024.

Russian Ruble/Euro (FOREX:RUBEUR)

Weak Downtrend (-65) - RUBEUR is showing signs of a strengthening downtrend. Monitor RUBEUR as it may be building momentum to the downside.

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
0.00902185 0.00921004 0.00900081 0.00910267 +0.00008100
Entry Signal

MarketClub’s Trade Triangles for RUBEUR

long term down The long-term trend has been DOWN since Aug 13th, 2024 at 0.00992526

intermediate term up The intermediate-term trend has been UP since Dec 9th, 2024 at 0.00956716

short term down The short-term trend has been DOWN since Dec 11th, 2024 at 0.00920769

Smart Scan Analysis for RUBEUR

Based on our trend formula, RUBEUR is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-65
Smart Scan Analysis for RUBEUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00902185 0.00921004 0.00900081 0.00910267 +0.00008100
Prev. Close Volume Bid Ask Time
0.00902185 2024-12-12 21:17:15
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