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Forex Trend Analysis Report

Prepared for you on Monday, April 15, 2024.

Russian Ruble/Japanese Yen (FOREX:RUBJPY)

Sidelines Mode (+50) - RUBJPY is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until RUBJPY can gain momentum.

Is it time to buy, sell, or avoid RUBJPY?

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

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

FOREX_RUBJPY
Open High Low RUBJPY Price Change
1.6463079 1.6463079 1.6463079 1.6463079 0.0000000
Entry Signal

MarketClub’s Trade Triangles for RUBJPY

long term down The long-term trend has been DOWN since Jan 25th, 2024 at 1.4546272

intermediate term up The intermediate-term trend has been UP since Apr 10th, 2024 at 1.6442873

short term up The short-term trend has been UP since Apr 10th, 2024 at 1.6392509

Smart Scan Analysis for RUBJPY

Based on our trend formula, RUBJPY is rated as a +50 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+50
Smart Scan Analysis for RUBJPY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.6463079 1.6463079 1.6463079 1.6463079 0.0000000
Prev. Close Volume Bid Ask Time
1.6419824 2024-04-10 12:57:44
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