Index Trend Analysis Report
Prepared for you on Wednesday, January 26, 2022.
Morningstar Russia Index PR RUB (CME:MSRURUBP)
Long-Term Downtrend (-90) - MSRURUBP is in a strong downtrend that is likely to continue. While MSRURUBP is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid MSRURUBP?
MarketClub looks at technical strength and momentum to determine if the timing is right for MSRURUBP.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for MSRURUBP
The long-term trend has been DOWN since Dec 13th, 2021 at 75826.36
The intermediate-term trend has been DOWN since Jan 14th, 2022 at 73829.41
The short-term trend has been DOWN since Jan 13th, 2022 at 77223.35
Smart Scan Analysis for MSRURUBP
Based on our trend formula, MSRURUBP is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).