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Forex Trend Analysis Report

Prepared for you on Wednesday, February 24, 2021.

US Dollar/Russian Ruble (FOREX:USDRUB)

Strong Downtrend (-100) - USDRUB is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.

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
74.0715 74.1061 73.4065 73.5284 -0.5431
Entry Signal

MarketClub’s Trade Triangles for USDRUB

long term down The long-term trend has been DOWN since Dec 7th, 2020 at 73.3735

intermediate term down The intermediate-term trend has been DOWN since Feb 11th, 2021 at 73.1930

short term down The short-term trend has been DOWN since Feb 23rd, 2021 at 73.8010

Smart Scan Analysis for USDRUB

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

-100
Smart Scan Analysis for USDRUB
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
74.0715 74.1061 73.4065 73.5284 -0.5431
Prev. Close Volume Bid Ask Time
74.0715 2021-02-24 18:35:27
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