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Forex Trend Analysis Report

Prepared for you on Thursday, May 13, 2021.

Euro/Russian Ruble (FOREX:EURRUB)

Sidelines Mode (-55) - EURRUB is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

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.

FOREX_EURRUB
Open High Low EURRUB Price Change
89.94400 90.11850 89.73275 89.82400 -0.12000
Entry Signal

MarketClub’s Trade Triangles for EURRUB

long term up The long-term trend has been UP since Apr 7th, 2021 at 92.5105

intermediate term down The intermediate-term trend has been DOWN since May 4th, 2021 at 89.9360

short term up The short-term trend has been UP since May 11th, 2021 at 90.2769

Smart Scan Analysis for EURRUB

Based on our trend formula, EURRUB is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-55
Smart Scan Analysis for EURRUB
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
89.94400 90.11850 89.73275 89.82400 -0.12000
Prev. Close Volume Bid Ask Time
89.94400 2021-05-13 06:16:23
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