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Forex Trend Analysis Report

Prepared for you on Thursday, August 18, 2022.

Russian Ruble/South African Rand (FOREX:RUBZAR)

Weak Uptrend (+65) - RUBZAR is showing signs of weakening momentum to the upside. Monitor RUBZAR as it may be in the beginning stages of a reversal.

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.

FOREX_RUBZAR
Open High Low RUBZAR Price Change
0.27778624 0.27917649 0.27754251 0.27777764 -0.00000900
Entry Signal

MarketClub’s Trade Triangles for RUBZAR

long term up The long-term trend has been UP since May 5th, 2022 at 0.23113784

intermediate term down The intermediate-term trend has been DOWN since Aug 1st, 2022 at 0.26827614

short term up The short-term trend has been UP since Aug 17th, 2022 at 0.26674540

Smart Scan Analysis for RUBZAR

Based on our trend formula, RUBZAR is rated as a +65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+65
Smart Scan Analysis for RUBZAR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.27778624 0.27917649 0.27754251 0.27777764 -0.00000900
Prev. Close Volume Bid Ask Time
0.27778624 2022-08-18 06:01:54
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