Forex Trend Analysis Report
Prepared for you on Tuesday, June 2, 2020.
Russian Ruble/South Korean Won (FOREX:RUBKRW)
Bull Market Weakness (+75) - RUBKRW is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on RUBKRW as it may be in the beginning stages 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.
MarketClub’s Trade Triangles for RUBKRW
The long-term trend has been DOWN since Feb 28th, 2020 at 18.082899
The intermediate-term trend has been UP since Apr 12th, 2020 at 16.651628
The short-term trend has been UP since May 15th, 2020 at 16.758153
Smart Scan Analysis for RUBKRW
Based on our trend formula, RUBKRW is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).