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Forex Trend Analysis Report
Prepared for you on Tuesday, November 5, 2024.
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.
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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 Aug 12th, 2024 at 88.70202
The short-term trend has been UP since Nov 1st, 2024 at 97.75541
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).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 98.99909 | 99.00227 | 98.15180 | 98.25093 | -0.74816 |
| Prev. Close | Volume | Bid | Ask | Time |
| 98.99909 | 2024-11-05 04:24:12 |