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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.

FOREX_RUBJPY
Open High Low RUBJPY Price Change
2.1746475 2.2094786 2.1645483 2.1842283 +0.0095810
Entry Signal

MarketClub’s Trade Triangles for RUBJPY

long term down The long-term trend has been DOWN since Jul 3rd, 2022 at 1.7760402

intermediate term down The intermediate-term trend has been DOWN since Jul 3rd, 2022 at 2.2597519

short term up 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).

-85
Smart Scan Analysis for RUBJPY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.1746475 2.2094786 2.1645483 2.1842283 +0.0095810
Prev. Close Volume Bid Ask Time
2.1746475 2022-08-16 20:32:49
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