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Forex Trend Analysis Report

Prepared for you on Friday, June 5, 2020.

Russian Ruble/Swedish Krona (FOREX:RUBSEK)

Sidelines Mode (+55) - RUBSEK is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement 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
0.13300828 0.13467227 0.13248849 0.13372698 +0.00071900
Entry Signal

MarketClub’s Trade Triangles for RUBSEK

long term up The long-term trend has been UP since Apr 6th, 2020 at 0.13350162

intermediate term up The intermediate-term trend has been UP since Apr 6th, 2020 at 0.13350162

short term down The short-term trend has been DOWN since Jun 4th, 2020 at 0.13399376

Smart Scan Analysis for RUBSEK

Based on our trend formula, RUBSEK is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for RUBSEK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.13300828 0.13467227 0.13248849 0.13372698 +0.00071900
Prev. Close Volume Bid Ask Time
0.13300828 0.13372698 0.13372698 2020-06-05 17:01:42
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