Forex Trend Analysis Report
Prepared for you on Friday, February 26, 2021.
Russian Ruble/South Korean Won (FOREX:RUBKRW)
Long-Term Uptrend (+90) - RUBKRW is in a strong uptrend that is likely to continue. While RUBKRW is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
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.
MarketClub’s Trade Triangles for RUBKRW
The long-term trend has been UP since Feb 5th, 2021 at 15.053942
The intermediate-term trend has been UP since Jan 14th, 2021 at 15.003576
The short-term trend has been UP since Feb 23rd, 2021 at 15.007509
Smart Scan Analysis for RUBKRW
Based on our trend formula, RUBKRW is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).