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Forex Trend Analysis Report

Prepared for you on Saturday, May 30, 2020.

Russian Ruble/South African Rand (FOREX:RUBZAR)

Bull Market Weakness (+75) - RUBZAR is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on 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
0.24764022 0.25017396 0.24716122 0.24999243 +0.00235200
Entry Signal

MarketClub’s Trade Triangles for RUBZAR

long term up The long-term trend has been UP since Apr 2nd, 2020 at 0.23970029

intermediate term down The intermediate-term trend has been DOWN since May 24th, 2020 at 0.24561965

short term up The short-term trend has been UP since May 29th, 2020 at 0.24932370

Smart Scan Analysis for RUBZAR

Based on our trend formula, RUBZAR is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+75
Smart Scan Analysis for RUBZAR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.24764022 0.25017396 0.24716122 0.24999243 +0.00235200
Prev. Close Volume Bid Ask Time
0.24764022 0.24967171 0.25031315 2020-05-29 17:08:56
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