Forex Trend Analysis Report
Prepared for you on Thursday, December 3, 2020.
Russian Ruble/Swiss Franc (FOREX:RUBCHF)
Bull Market Weakness (+75) - RUBCHF is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on RUBCHF as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid RUBCHF?
MarketClub looks at technical strength and momentum to determine if the timing is right for RUBCHF.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for RUBCHF
The long-term trend has been DOWN since Jan 31st, 2020 at 0.01517000
The intermediate-term trend has been UP since Nov 9th, 2020 at 0.01193634
The short-term trend has been UP since Dec 3rd, 2020 at 0.01195086
Smart Scan Analysis for RUBCHF
Based on our trend formula, RUBCHF is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).