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Forex Trend Analysis Report
Prepared for you on Friday, July 26, 2024.
Russian Ruble/Japanese Yen (FOREX:RUBJPY)
Sidelines Mode (+55) - RUBJPY is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
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.
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MarketClub’s Trade Triangles for RUBJPY
The long-term trend has been UP since Apr 25th, 2024 at 1.6813735
The intermediate-term trend has been DOWN since Jul 15th, 2024 at 1.7879852
The short-term trend has been UP since Jul 25th, 2024 at 1.7938905
Smart Scan Analysis for RUBJPY
Based on our trend formula, RUBJPY is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1.8095706 | 1.8099235 | 1.7796509 | 1.7882968 | -0.0212740 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1.8095706 | 2024-07-26 19:45:14 |