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Forex Trend Analysis Report

Prepared for you on Tuesday, April 16, 2024.

Russian Ruble/Swedish Krona (FOREX:RUBSEK)

Bull Market Weakness (+75) - RUBSEK is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on RUBSEK as it may be in the beginning stages of a reversal.

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
0.11658172 0.11666517 0.11597746 0.11626319 -0.00031900
Entry Signal

MarketClub’s Trade Triangles for RUBSEK

long term down The long-term trend has been DOWN since Dec 6th, 2022 at 0.16374556

intermediate term up The intermediate-term trend has been UP since Mar 27th, 2024 at 0.11504253

short term up The short-term trend has been UP since Apr 12th, 2024 at 0.11543106

Smart Scan Analysis for RUBSEK

Based on our trend formula, RUBSEK is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+70
Smart Scan Analysis for RUBSEK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.11658172 0.11666517 0.11597746 0.11626319 -0.00031900
Prev. Close Volume Bid Ask Time
0.11658172 2024-04-16 11:51:39
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