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Forex Trend Analysis Report

Prepared for you on Friday, November 15, 2024.

Euro/Russian Ruble (FOREX:EURRUB)

Weak Uptrend (+65) - EURRUB is showing signs of weakening momentum to the upside. Monitor EURRUB as it may be in the beginning stages of a reversal.

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
104.84910 106.13330 104.43410 105.36875 +0.51965
Entry Signal

MarketClub’s Trade Triangles for EURRUB

long term up The long-term trend has been UP since Aug 13th, 2024 at 100.7577

intermediate term down The intermediate-term trend has been DOWN since Nov 6th, 2024 at 102.8666

short term up The short-term trend has been UP since Nov 14th, 2024 at 105.0305

Smart Scan Analysis for EURRUB

Based on our trend formula, EURRUB is rated as a +65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+65
Smart Scan Analysis for EURRUB
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
104.84910 106.13330 104.43410 105.36875 +0.51965
Prev. Close Volume Bid Ask Time
104.84910 2024-11-15 18:57:55
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