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Forex Trend Analysis Report

Prepared for you on Tuesday, July 23, 2024.

Russian Ruble/US Dollar (FOREX:RUBUSD)

Countertrend Up (+85) - RUBUSD is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.

Is it time to buy, sell, or avoid RUBUSD?

MarketClub looks at technical strength and momentum to determine if the timing is right for RUBUSD.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_RUBUSD
Open High Low RUBUSD Price Change
0.01138314 0.01154000 0.01132500 0.01138330 0.00000000
Entry Signal

MarketClub’s Trade Triangles for RUBUSD

long term up The long-term trend has been UP since May 22nd, 2024 at 0.01109000

intermediate term up The intermediate-term trend has been UP since Jun 18th, 2024 at 0.01170000

short term up The short-term trend has been UP since Jul 19th, 2024 at 0.01137557

Smart Scan Analysis for RUBUSD

Based on our trend formula, RUBUSD is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+80
Smart Scan Analysis for RUBUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.01138314 0.01154000 0.01132500 0.01138330 0.00000000
Prev. Close Volume Bid Ask Time
0.01138314 2024-07-23 20:12:35
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