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Forex Trend Analysis Report

Prepared for you on Friday, April 19, 2024.

Russian Ruble/South Korean Won (FOREX:RUBKRW)

Bear Market Rally (-75) - RUBKRW is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on RUBKRW as it may be in the beginning 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
14.623170 14.677919 14.623170 14.677919 +0.054749
Entry Signal

MarketClub’s Trade Triangles for RUBKRW

long term down The long-term trend has been DOWN since Jan 25th, 2024 at 13.195855

intermediate term up The intermediate-term trend has been UP since Apr 1st, 2024 at 14.600953

short term down The short-term trend has been DOWN since Apr 19th, 2024 at 14.663309

Smart Scan Analysis for RUBKRW

Based on our trend formula, RUBKRW is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-75
Smart Scan Analysis for RUBKRW
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
14.623170 14.677919 14.623170 14.677919 +0.054749
Prev. Close Volume Bid Ask Time
14.623170 2024-04-19 12:56:01
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