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Forex Trend Analysis Report

Prepared for you on Sunday, March 26, 2023.

Russian Ruble/Norwegian Krone (FOREX:RUBNOK)

Strong Downtrend (-100) - RUBNOK is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, RUBNOK continues to fall. Traders should use caution and set stops.

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
0.13686669 0.13812441 0.13559195 0.13561886 -0.00124800
Entry Signal

MarketClub’s Trade Triangles for RUBNOK

long term down The long-term trend has been DOWN since Dec 6th, 2022 at 0.16128921

intermediate term down The intermediate-term trend has been DOWN since Mar 21st, 2023 at 0.13672171

short term down The short-term trend has been DOWN since Mar 16th, 2023 at 0.13869914

Smart Scan Analysis for RUBNOK

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

-100
Smart Scan Analysis for RUBNOK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.13686669 0.13812441 0.13559195 0.13561886 -0.00124800
Prev. Close Volume Bid Ask Time
0.13686669 2023-03-24 17:07:36
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