Forex Trend Analysis Report
Prepared for you on Sunday, April 5, 2020.
South Korean Won/Russian Ruble (FOREX:KRWRUB)
Sidelines Mode (+55) - KRWRUB 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 KRWRUB?
MarketClub looks at technical strength and momentum to determine if the timing is right for KRWRUB.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for KRWRUB
The long-term trend has been UP since Feb 28th, 2020 at 0.05530087
The intermediate-term trend has been UP since Feb 27th, 2020 at 0.05418565
The short-term trend has been DOWN since Apr 1st, 2020 at 0.06368959
Smart Scan Analysis for KRWRUB
Based on our trend formula, KRWRUB is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).