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Forex Trend Analysis Report

Prepared for you on Wednesday, March 29, 2023.

US Dollar/Russian Ruble (FOREX:USDRUB)

Countertrend Up (+85) - USDRUB is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.

Is it time to buy, sell, or avoid USDRUB?

MarketClub looks at technical strength and momentum to determine if the timing is right for USDRUB.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_USDRUB
Open High Low USDRUB Price Change
76.615 76.846 76.115 76.559 -0.056
Entry Signal

MarketClub’s Trade Triangles for USDRUB

long term up The long-term trend has been UP since Dec 16th, 2022 at 65.2751

intermediate term up The intermediate-term trend has been UP since Dec 5th, 2022 at 62.7500

short term down The short-term trend has been DOWN since Mar 23rd, 2023 at 76.5270

Smart Scan Analysis for USDRUB

Based on our trend formula, USDRUB is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+85
Smart Scan Analysis for USDRUB
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
76.615 76.846 76.115 76.559 -0.056
Prev. Close Volume Bid Ask Time
76.615 2023-03-28 17:00:28
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