Forex Trend Analysis Report
Prepared for you on Thursday, March 30, 2023.
Russian Ruble/Turkish Lira (FOREX:RUBTRY)
Countertrend Down (-85) - RUBTRY is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.
Is it time to buy, sell, or avoid RUBTRY?
MarketClub looks at technical strength and momentum to determine if the timing is right for RUBTRY.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for RUBTRY
The long-term trend has been DOWN since Dec 19th, 2022 at 0.28664331
The intermediate-term trend has been DOWN since Feb 7th, 2023 at 0.26240023
The short-term trend has been UP since Mar 28th, 2023 at 0.25278600
Smart Scan Analysis for RUBTRY
Based on our trend formula, RUBTRY is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).