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Forex Trend Analysis Report
Prepared for you on Tuesday, April 23, 2024.
Russian Ruble/US Dollar (FOREX:RUBUSD)
Bear Market Rally (-75) - RUBUSD is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on RUBUSD as it may be in the beginning 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.
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MarketClub’s Trade Triangles for RUBUSD
The long-term trend has been DOWN since Feb 22nd, 2024 at 0.01066724
The intermediate-term trend has been DOWN since Mar 28th, 2024 at 0.01077000
The short-term trend has been UP since Apr 19th, 2024 at 0.01069000
Smart Scan Analysis for RUBUSD
Based on our trend formula, RUBUSD is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.01070 | 0.01074 | 0.01069 | 0.01072 | +0.00002 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.01070 | 2024-04-23 08:49:49 |