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Forex Trend Analysis Report

Prepared for you on Monday, June 24, 2024.

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.

FOREX_RUBNOK
Open High Low RUBNOK Price Change
0.12010321 0.12218951 0.11829035 0.11975929 -0.00034400
Entry Signal

MarketClub’s Trade Triangles for RUBNOK

long term up The long-term trend has been UP since Nov 7th, 2023 at 0.12155545

intermediate term up The intermediate-term trend has been UP since Jun 18th, 2024 at 0.12408594

short term down The short-term trend has been DOWN since Jun 21st, 2024 at 0.11975739

Smart Scan Analysis for RUBNOK

Based on our trend formula, RUBNOK is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+75
Smart Scan Analysis for RUBNOK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.12010321 0.12218951 0.11829035 0.11975929 -0.00034400
Prev. Close Volume Bid Ask Time
0.12010321 2024-06-24 20:11:14
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