Forex Trend Analysis Report
Prepared for you on Friday, January 21, 2022.
US Dollar/Russian Ruble (FOREX:USDRUB)
Long-Term Uptrend (+90) - USDRUB is in a strong uptrend that is likely to continue. While USDRUB is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution 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.
MarketClub’s Trade Triangles for USDRUB
The long-term trend has been UP since Nov 22nd, 2021 at 74.58685
The intermediate-term trend has been UP since Dec 30th, 2021 at 74.53250
The short-term trend has been UP since Jan 13th, 2022 at 75.54710
Smart Scan Analysis for USDRUB
Based on our trend formula, USDRUB is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).