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Forex Trend Analysis Report
Prepared for you on Wednesday, November 20, 2024.
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.
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MarketClub’s Trade Triangles for RUBNOK
The long-term trend has been DOWN since Aug 13th, 2024 at 0.11544982
The intermediate-term trend has been DOWN since Nov 18th, 2024 at 0.11042730
The short-term trend has been DOWN since Nov 6th, 2024 at 0.11057596
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).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.11014540 | 0.11026676 | 0.10946394 | 0.10970173 | -0.00044400 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.11014540 | 2024-11-20 03:37:28 |