Forex Trend Analysis Report
Prepared for you on Monday, October 18, 2021.
Russian Ruble/Polish New Zloty (FOREX:RUBPLN)
Long-Term Uptrend (+90) - RUBPLN is in a strong uptrend that is likely to continue. While RUBPLN is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
Is it time to buy, sell, or avoid RUBPLN?
MarketClub looks at technical strength and momentum to determine if the timing is right for RUBPLN.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for RUBPLN
The long-term trend has been UP since Jan 14th, 2021 at 0.05104153
The intermediate-term trend has been UP since Sep 13th, 2021 at 0.05290319
The short-term trend has been UP since Oct 15th, 2021 at 0.05538363
Smart Scan Analysis for RUBPLN
Based on our trend formula, RUBPLN is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).