Forex Trend Analysis Report
Prepared for you on Thursday, March 28, 2024.
Russian Ruble/Mexican Peso (FOREX:RUBMXN)
Long-Term Downtrend (-90) - RUBMXN is in a strong downtrend that is likely to continue. While RUBMXN is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid RUBMXN?
MarketClub looks at technical strength and momentum to determine if the timing is right for RUBMXN.
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 RUBMXN
The long-term trend has been DOWN since Feb 16th, 2024 at 0.18278900
The intermediate-term trend has been DOWN since Feb 4th, 2024 at 0.18720682
The short-term trend has been DOWN since Mar 20th, 2024 at 0.18081025
Smart Scan Analysis for RUBMXN
Based on our trend formula, RUBMXN is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
Open | High | Low | Price | Change |
---|---|---|---|---|
0.17901059 | 0.18020590 | 0.17820462 | 0.17900334 | -0.00000700 |
Prev. Close | Volume | Bid | Ask | Time |
0.17901059 | 2024-03-28 11:28:30 |