Forex Trend Analysis Report
Prepared for you on Monday, March 1, 2021.
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.
MarketClub’s Trade Triangles for RUBSEK
The long-term trend has been DOWN since Jul 17th, 2020 at 0.12538254
The intermediate-term trend has been UP since Jan 13th, 2021 at 0.11336566
The short-term trend has been UP since Feb 24th, 2021 at 0.11245010
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).