Forex Trend Analysis Report
Prepared for you on Monday, March 8, 2021.
Australian Dollar/Russian Ruble (FOREX:AUDRUB)
Countertrend Up (+85) - AUDRUB 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 AUDRUB?
MarketClub looks at technical strength and momentum to determine if the timing is right for AUDRUB.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for AUDRUB
The long-term trend has been UP since Mar 5th, 2020 at 44.187147
The intermediate-term trend has been UP since Dec 21st, 2020 at 56.444909
The short-term trend has been UP since Feb 25th, 2021 at 59.140054
Smart Scan Analysis for AUDRUB
Based on our trend formula, AUDRUB is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).