Forex Trend Analysis Report
Prepared for you on Monday, May 25, 2020.
Russian Ruble/US Dollar (FOREX:RUBUSD)
Bull Market Weakness (+75) - RUBUSD is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on RUBUSD as it may be in the beginning stages of a reversal.
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.
MarketClub’s Trade Triangles for RUBUSD
The long-term trend has been DOWN since Feb 21st, 2020 at 0.01551
The intermediate-term trend has been UP since Apr 9th, 2020 at 0.01361
The short-term trend has been UP since May 18th, 2020 at 0.01369
Smart Scan Analysis for RUBUSD
Based on our trend formula, RUBUSD is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).