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.
MarketClub’s Trade Triangles for RUBNOK
The long-term trend has been DOWN since Dec 6th, 2022 at 0.16128921
The intermediate-term trend has been DOWN since Mar 21st, 2023 at 0.13672171
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).