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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.
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MarketClub’s Trade Triangles for EURRUB
The long-term trend has been UP since Apr 7th, 2021 at 92.5105
The intermediate-term trend has been DOWN since May 4th, 2021 at 89.9360
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).
| 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 |