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Forex Trend Analysis Report

Prepared for you on Wednesday, November 20, 2024.

Russian Ruble/Polish New Zloty (FOREX:RUBPLN)

Bear Market Rally (-75) - RUBPLN is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on RUBPLN as it may be in the beginning of a reversal.

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.

FOREX_RUBPLN
Open High Low RUBPLN Price Change
0.04102044 0.04107195 0.04074691 0.04087850 -0.00014200
Entry Signal

MarketClub’s Trade Triangles for RUBPLN

long term down The long-term trend has been DOWN since Aug 13th, 2024 at 0.04279055

intermediate term up The intermediate-term trend has been UP since Oct 22nd, 2024 at 0.04176200

short term down The short-term trend has been DOWN since Nov 14th, 2024 at 0.04129467

Smart Scan Analysis for RUBPLN

Based on our trend formula, RUBPLN is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-75
Smart Scan Analysis for RUBPLN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.04102044 0.04107195 0.04074691 0.04087850 -0.00014200
Prev. Close Volume Bid Ask Time
0.04102044 2024-11-20 03:39:46
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