Forex Trend Analysis Report
Prepared for you on Monday, March 30, 2020.
Australian Dollar/Russian Ruble (FOREX:AUDRUB)
Long-Term Uptrend (+90) - AUDRUB is in a strong uptrend that is likely to continue. While AUDRUB 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 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 Feb 2nd, 2020 at 42.846681
The short-term trend has been UP since Mar 18th, 2020 at 46.413174
Smart Scan Analysis for AUDRUB
Based on our trend formula, AUDRUB is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).