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Forex Trend Analysis Report
Prepared for you on Thursday, January 16, 2025.
Euro/Russian Ruble (FOREX:EURRUB)
Countertrend Up (+85) - EURRUB 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 EURRUB?
MarketClub looks at technical strength and momentum to determine if the timing is right for EURRUB.
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 EURRUB
The long-term trend has been UP since Aug 13th, 2024 at 100.7577
The intermediate-term trend has been UP since Dec 30th, 2024 at 114.0048
The short-term trend has been UP since Jan 14th, 2025 at 105.8875
Smart Scan Analysis for EURRUB
Based on our trend formula, EURRUB is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 105.4361 | 106.8307 | 105.0387 | 106.7903 | +1.3542 |
| Prev. Close | Volume | Bid | Ask | Time |
| 105.4361 | 2025-01-16 21:45:27 |