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Forex Trend Analysis Report
Prepared for you on Wednesday, November 20, 2024.
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.
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MarketClub’s Trade Triangles for USDRUB
The long-term trend has been UP since Aug 13th, 2024 at 92.51500
The intermediate-term trend has been UP since Nov 15th, 2024 at 100.40195
The short-term trend has been DOWN since Nov 20th, 2024 at 99.72743
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).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 99.75050 | 100.40429 | 99.72693 | 100.34619 | +0.59569 |
| Prev. Close | Volume | Bid | Ask | Time |
| 99.75050 | 2024-11-20 03:36:01 |