Forex Trend Analysis Report
Prepared for you on Tuesday, October 26, 2021.
Russian Ruble/South African Rand (FOREX:RUBZAR)
Strong Uptrend (+100) - RUBZAR is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, RUBZAR continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
Is it time to buy, sell, or avoid RUBZAR?
MarketClub looks at technical strength and momentum to determine if the timing is right for RUBZAR.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for RUBZAR
The long-term trend has been UP since Jul 13th, 2021 at 0.19811589
The intermediate-term trend has been UP since Oct 22nd, 2021 at 0.21015225
The short-term trend has been UP since Oct 22nd, 2021 at 0.20674297
Smart Scan Analysis for RUBZAR
Based on our trend formula, RUBZAR is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).