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Forex Trend Analysis Report
Prepared for you on Monday, January 20, 2025.
Russian Ruble/Mexican Peso (FOREX:RUBMXN)
Crossroads (+60) - RUBMXN is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
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 Oct 9th, 2024 at 0.19721548
The intermediate-term trend has been UP since Jan 10th, 2025 at 0.20301184
The short-term trend has been UP since Jan 17th, 2025 at 0.20254134
Smart Scan Analysis for RUBMXN
Based on our trend formula, RUBMXN is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.20260511 | 0.20488624 | 0.20064883 | 0.20072190 | -0.00188300 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.20260511 | 2025-01-20 09:50:26 |