Forex Trend Analysis Report
Prepared for you on Thursday, February 25, 2021.
Russian Ruble/Norwegian Krone (FOREX:RUBNOK)
Bull Market Weakness (+75) - RUBNOK is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on RUBNOK as it may be in the beginning stages of a reversal.
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.
MarketClub’s Trade Triangles for RUBNOK
The long-term trend has been UP since Jan 20th, 2021 at 0.11606923
The intermediate-term trend has been UP since Feb 17th, 2021 at 0.11538479
The short-term trend has been UP since Feb 23rd, 2021 at 0.11460738
Smart Scan Analysis for RUBNOK
Based on our trend formula, RUBNOK is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).