Free Daily Analysis
Forex Trend Analysis Report
Prepared for you on Wednesday, November 20, 2024.
Russian Ruble/Swedish Krona (FOREX:RUBSEK)
Bear Market Rally (-75) - RUBSEK is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on RUBSEK as it may be in the beginning 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 Aug 13th, 2024 at 0.11330879
The intermediate-term trend has been UP since Oct 23rd, 2024 at 0.11059898
The short-term trend has been DOWN since Nov 14th, 2024 at 0.11015858
Smart Scan Analysis for RUBSEK
Based on our trend formula, RUBSEK is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.10953114 | 0.10967111 | 0.10894155 | 0.10908626 | -0.00044500 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.10953114 | 2024-11-20 03:25:48 |