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Forex Trend Analysis Report
Prepared for you on Wednesday, November 20, 2024.
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.
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MarketClub’s Trade Triangles for RUBKRW
The long-term trend has been DOWN since Aug 13th, 2024 at 14.661840
The intermediate-term trend has been DOWN since Nov 19th, 2024 at 13.864061
The short-term trend has been DOWN since Nov 13th, 2024 at 14.206888
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).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 13.936422 | 13.961033 | 13.870374 | 13.883738 | -0.052684 |
| Prev. Close | Volume | Bid | Ask | Time |
| 13.936422 | 2024-11-20 03:25:48 |