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Forex Trend Analysis Report

Prepared for you on Tuesday, August 16, 2022.

Russian Ruble/South Korean Won (FOREX:RUBKRW)

Strong Downtrend (-100) - RUBKRW is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, RUBKRW continues to fall. Traders should use caution and set stops.

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
21.359765 21.494153 21.226588 21.331552 -0.028213
Entry Signal

MarketClub’s Trade Triangles for RUBKRW

long term down The long-term trend has been DOWN since Jul 3rd, 2022 at 14.336547

intermediate term down The intermediate-term trend has been DOWN since Jul 3rd, 2022 at 21.867997

short term down The short-term trend has been DOWN since Aug 8th, 2022 at 21.047414

Smart Scan Analysis for RUBKRW

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

-100
Smart Scan Analysis for RUBKRW
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
21.359765 21.494153 21.226588 21.331552 -0.028213
Prev. Close Volume Bid Ask Time
21.359765 2022-08-16 14:52:27
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