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Forex Trend Analysis Report
Prepared for you on Wednesday, November 20, 2024.
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.
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MarketClub’s Trade Triangles for RUBJPY
The long-term trend has been DOWN since Aug 5th, 2024 at 1.6527429
The intermediate-term trend has been DOWN since Nov 19th, 2024 at 1.5312218
The short-term trend has been UP since Nov 20th, 2024 at 1.5552523
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).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1.5542329 | 1.5590443 | 1.5499775 | 1.5507928 | -0.0034400 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1.5542329 | 2024-11-20 03:42:40 |