Forex Trend Analysis Report
Prepared for you on Tuesday, August 16, 2022.
Russian Ruble/Japanese Yen (FOREX:RUBJPY)
Countertrend Down (-85) - RUBJPY is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.
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.
MarketClub’s Trade Triangles for RUBJPY
The long-term trend has been DOWN since Jul 3rd, 2022 at 1.7760402
The intermediate-term trend has been DOWN since Jul 3rd, 2022 at 2.2597519
The short-term trend has been UP since Aug 16th, 2022 at 2.2078272
Smart Scan Analysis for RUBJPY
Based on our trend formula, RUBJPY is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).