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Forex Trend Analysis Report

Prepared for you on Thursday, December 26, 2024.

Russian Ruble/Swedish Krona (FOREX:RUBSEK)

Crossroads (+60) - RUBSEK is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid RUBSEK?

MarketClub looks at technical strength and momentum to determine if the timing is right for RUBSEK.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_RUBSEK
Open High Low RUBSEK Price Change
0.11116639 0.11117264 0.11065973 0.11071701 -0.00044900
Entry Signal

MarketClub’s Trade Triangles for RUBSEK

long term down The long-term trend has been DOWN since Aug 13th, 2024 at 0.11330879

intermediate term up The intermediate-term trend has been UP since Dec 8th, 2024 at 0.11025105

short term up The short-term trend has been UP since Dec 20th, 2024 at 0.10752535

Smart Scan Analysis for RUBSEK

Based on our trend formula, RUBSEK is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+60
Smart Scan Analysis for RUBSEK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.11116639 0.11117264 0.11065973 0.11071701 -0.00044900
Prev. Close Volume Bid Ask Time
0.11116639 2024-12-26 05:28:37
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