Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Monday, March 20, 2023.

Russian Ruble/US Dollar (FOREX:RUBUSD)

Long-Term Downtrend (-90) - RUBUSD is in a strong downtrend that is likely to continue. While RUBUSD is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

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
0.01300000 0.01306729 0.01288500 0.01306000 +0.00006000
Entry Signal

MarketClub’s Trade Triangles for RUBUSD

long term down The long-term trend has been DOWN since Dec 14th, 2022 at 0.01540833

intermediate term down The intermediate-term trend has been DOWN since Dec 5th, 2022 at 0.01593626

short term down The short-term trend has been DOWN since Mar 16th, 2023 at 0.01310067

Smart Scan Analysis for RUBUSD

Based on our trend formula, RUBUSD is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for RUBUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.01300000 0.01306729 0.01288500 0.01306000 +0.00006000
Prev. Close Volume Bid Ask Time
0.01300000 2023-03-20 09:13:28
Get a free daily analysis and signals for Russian Ruble/US Dollar (RUBUSD) - Request Your Free Report.