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Forex Trend Analysis Report
Prepared for you on Friday, July 26, 2024.
Russian Ruble/Mexican Peso (FOREX:RUBMXN)
Long-Term Uptrend (+90) - RUBMXN is in a strong uptrend that is likely to continue. While RUBMXN is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
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 UP since Jun 3rd, 2024 at 0.19272067
The intermediate-term trend has been UP since Jul 25th, 2024 at 0.21512221
The short-term trend has been UP since Jul 18th, 2024 at 0.20328808
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 |
|---|---|---|---|---|
| 0.21669455 | 0.21677307 | 0.21226108 | 0.21440903 | -0.00228600 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.21669455 | 2024-07-26 17:00:05 |