Forex Trend Analysis Report
Prepared for you on Monday, November 29, 2021.
Russian Ruble/Australian Dollar (FOREX:RUBAUD)
Sidelines Mode (+55) - RUBAUD 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 RUBAUD?
MarketClub looks at technical strength and momentum to determine if the timing is right for RUBAUD.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for RUBAUD
The long-term trend has been UP since Jun 3rd, 2021 at 0.01779294
The intermediate-term trend has been DOWN since Nov 22nd, 2021 at 0.01853581
The short-term trend has been UP since Nov 29th, 2021 at 0.01873806
Smart Scan Analysis for RUBAUD
Based on our trend formula, RUBAUD is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).