Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Sunday, January 23, 2022.

Russian Ruble/Euro (FOREX:RUBEUR)

Long-Term Downtrend (-90) - RUBEUR is in a strong downtrend that is likely to continue. While RUBEUR is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

Is it time to buy, sell, or avoid RUBEUR?

MarketClub looks at technical strength and momentum to determine if the timing is right for RUBEUR.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_RUBEUR
Open High Low RUBEUR Price Change
0.01149031 0.01155916 0.01133538 0.01136328 -0.00012700
Entry Signal

MarketClub’s Trade Triangles for RUBEUR

long term down The long-term trend has been DOWN since Jan 5th, 2022 at 0.01166974

intermediate term down The intermediate-term trend has been DOWN since Nov 3rd, 2021 at 0.01195729

short term down The short-term trend has been DOWN since Jan 21st, 2022 at 0.01143864

Smart Scan Analysis for RUBEUR

Based on our trend formula, RUBEUR is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for RUBEUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.01149031 0.01155916 0.01133538 0.01136328 -0.00012700
Prev. Close Volume Bid Ask Time
0.01138396 2022-01-21 17:06:35
Get a free daily analysis and signals for Russian Ruble/Euro (RUBEUR) - Request Your Free Report.