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Forex Trend Analysis Report

Prepared for you on Saturday, December 2, 2023.

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
0.12020458 0.12057494 0.11677239 0.11696649 -0.00323800
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 down The intermediate-term trend has been DOWN since Nov 28th, 2023 at 0.11895818

short term down The short-term trend has been DOWN since Dec 1st, 2023 at 0.11850661

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
0.12020458 0.12057494 0.11677239 0.11696649 -0.00323800
Prev. Close Volume Bid Ask Time
0.12020458 2023-12-01 17:06:25
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