Forex Trend Analysis Report
Prepared for you on Wednesday, May 1, 2024.
Russian Ruble/Euro (FOREX:RUBEUR)
Bear Market Rally (-75) - RUBEUR is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on RUBEUR as it may be in the beginning of a reversal.
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.
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MarketClub’s Trade Triangles for RUBEUR
The long-term trend has been DOWN since Feb 23rd, 2024 at 0.00976605
The intermediate-term trend has been UP since Apr 19th, 2024 at 0.01008772
The short-term trend has been DOWN since Apr 29th, 2024 at 0.01002018
Smart Scan Analysis for RUBEUR
Based on our trend formula, RUBEUR is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
Open | High | Low | Price | Change |
---|---|---|---|---|
0.01002105 | 0.01002105 | 0.01002105 | 0.01002105 | 0.00000000 |
Prev. Close | Volume | Bid | Ask | Time |
0.01002105 | 2024-05-01 07:23:59 |