Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Tuesday, June 2, 2020.

Russian Ruble/South Korean Won (FOREX:RUBKRW)

Bull Market Weakness (+75) - RUBKRW is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on RUBKRW as it may be in the beginning stages of a reversal.

Is it time to buy, sell, or avoid RUBKRW?

MarketClub looks at technical strength and momentum to determine if the timing is right for RUBKRW.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_RUBKRW
Open High Low RUBKRW Price Change
17.742478 17.803188 17.735519 17.760815 +0.018337
Entry Signal

MarketClub’s Trade Triangles for RUBKRW

long term down The long-term trend has been DOWN since Feb 28th, 2020 at 18.082899

intermediate term up The intermediate-term trend has been UP since Apr 12th, 2020 at 16.651628

short term up The short-term trend has been UP since May 15th, 2020 at 16.758153

Smart Scan Analysis for RUBKRW

Based on our trend formula, RUBKRW is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+70
Smart Scan Analysis for RUBKRW
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
17.742478 17.803188 17.735519 17.760815 +0.018337
Prev. Close Volume Bid Ask Time
17.742478 17.751798 17.769832 2020-06-02 04:25:15
Get a free daily analysis and signals for Russian Ruble/South Korean Won (RUBKRW) - Request Your Free Report.