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Forex Trend Analysis Report

Prepared for you on Wednesday, November 20, 2024.

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.

FOREX_RUBTRY
Open High Low RUBTRY Price Change
0.34564236 0.34685238 0.34367299 0.34386184 -0.00178100
Entry Signal

MarketClub’s Trade Triangles for RUBTRY

long term down The long-term trend has been DOWN since Oct 9th, 2024 at 0.34821771

intermediate term down The intermediate-term trend has been DOWN since Sep 18th, 2024 at 0.36825861

short term up The short-term trend has been UP since Nov 19th, 2024 at 0.34810990

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).

-85
Smart Scan Analysis for RUBTRY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.34564236 0.34685238 0.34367299 0.34386184 -0.00178100
Prev. Close Volume Bid Ask Time
0.34564236 2024-11-20 03:51:09
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