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Forex Trend Analysis Report
Prepared for you on Sunday, December 22, 2024.
US Dollar/Russian Ruble (FOREX:USDRUB)
Sidelines Mode (-55) - USDRUB is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
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 DOWN since Dec 8th, 2024 at 98.83835
The short-term trend has been UP since Dec 18th, 2024 at 104.75155
Smart Scan Analysis for USDRUB
Based on our trend formula, USDRUB is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 102.94561 | 102.94561 | 102.79389 | 102.79389 | -0.15172 |
| Prev. Close | Volume | Bid | Ask | Time |
| 102.94561 | 2024-12-22 08:15:04 |