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Forex Trend Analysis Report

Prepared for you on Thursday, August 13, 2020.

US Dollar/Russian Ruble (FOREX:USDRUB)

Bull Market Weakness (+75) - USDRUB is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on USDRUB as it may be in the beginning stages of a reversal.

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
73.4466 73.7670 73.2495 73.4110 -0.0356
Entry Signal

MarketClub’s Trade Triangles for USDRUB

long term up The long-term trend has been UP since Feb 21st, 2020 at 64.4895

intermediate term up The intermediate-term trend has been UP since Jun 30th, 2020 at 70.5310

short term down The short-term trend has been DOWN since Aug 11th, 2020 at 73.2435

Smart Scan Analysis for USDRUB

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

+75
Smart Scan Analysis for USDRUB
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
73.4466 73.7670 73.2495 73.4110 -0.0356
Prev. Close Volume Bid Ask Time
73.4466 73.3980 73.4240 2020-08-13 07:37:09
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