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Forex Trend Analysis Report

Prepared for you on Friday, October 22, 2021.

Russian Ruble/South Korean Won (FOREX:RUBKRW)

Countertrend Up (+85) - RUBKRW is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score 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.

FOREX_RUBKRW
Open High Low RUBKRW Price Change
16.572467 16.631883 16.544070 16.620444 +0.047977
Entry Signal

MarketClub’s Trade Triangles for RUBKRW

long term up The long-term trend has been UP since Jun 16th, 2021 at 15.598271

intermediate term up The intermediate-term trend has been UP since Jul 27th, 2021 at 15.676674

short term down The short-term trend has been DOWN since Oct 20th, 2021 at 16.560763

Smart Scan Analysis for RUBKRW

Based on our trend formula, RUBKRW is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+85
Smart Scan Analysis for RUBKRW
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
16.572467 16.631883 16.544070 16.620444 +0.047977
Prev. Close Volume Bid Ask Time
16.572467 2021-10-22 05:25:34
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