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Forex Trend Analysis Report

Prepared for you on Monday, August 8, 2022.

Russian Ruble/Norwegian Krone (FOREX:RUBNOK)

Crossroads (-60) - RUBNOK 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 RUBNOK?

MarketClub looks at technical strength and momentum to determine if the timing is right for RUBNOK.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_RUBNOK
Open High Low RUBNOK Price Change
0.15859567 0.15859567 0.15848921 0.15859567 0.00000000
Entry Signal

MarketClub’s Trade Triangles for RUBNOK

long term up The long-term trend has been UP since May 5th, 2022 at 0.11898227

intermediate term down The intermediate-term trend has been DOWN since Aug 1st, 2022 at 0.16107342

short term down The short-term trend has been DOWN since Jul 3rd, 2022 at 0.18560099

Smart Scan Analysis for RUBNOK

Based on our trend formula, RUBNOK is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-60
Smart Scan Analysis for RUBNOK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.15859567 0.15859567 0.15848921 0.15859567 0.00000000
Prev. Close Volume Bid Ask Time
0.16040866 2022-08-06 06:46:18
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