Forex Trend Analysis Report
Prepared for you on Wednesday, April 1, 2020.
Russian Ruble/Japanese Yen (FOREX:RUBJPY)
Long-Term Downtrend (-90) - RUBJPY is in a strong downtrend that is likely to continue. While RUBJPY is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution 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 Feb 25th, 2020 at 1.6831390
The intermediate-term trend has been DOWN since Feb 24th, 2020 at 1.6927668
The short-term trend has been DOWN since Mar 27th, 2020 at 1.3883552
Smart Scan Analysis for RUBJPY
Based on our trend formula, RUBJPY is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).