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Forex Trend Analysis Report

Prepared for you on Thursday, June 20, 2024.

Russian Ruble/Euro (FOREX:RUBEUR)

Strong Uptrend (+100) - RUBEUR is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, RUBEUR continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.

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
0.01119973 0.01120912 0.01062159 0.01070884 -0.00049100
Entry Signal

MarketClub’s Trade Triangles for RUBEUR

long term up The long-term trend has been UP since May 24th, 2024 at 0.01032039

intermediate term up The intermediate-term trend has been UP since Apr 19th, 2024 at 0.01008772

short term up The short-term trend has been UP since Jun 18th, 2024 at 0.01060846

Smart Scan Analysis for RUBEUR

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

+100
Smart Scan Analysis for RUBEUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.01119973 0.01120912 0.01062159 0.01070884 -0.00049100
Prev. Close Volume Bid Ask Time
0.01119973 2024-06-20 16:54:00
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