Forex Trend Analysis Report
Prepared for you on Saturday, November 27, 2021.
Russian Ruble/Brazilian Real (FOREX:RUBBRL)
Crossroads (-60) - RUBBRL is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid RUBBRL?
MarketClub looks at technical strength and momentum to determine if the timing is right for RUBBRL.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for RUBBRL
The long-term trend has been UP since Aug 19th, 2021 at 0.07311284
The intermediate-term trend has been DOWN since Nov 11th, 2021 at 0.07651114
The short-term trend has been DOWN since Nov 22nd, 2021 at 0.07528163
Smart Scan Analysis for RUBBRL
Based on our trend formula, RUBBRL is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).