Forex Trend Analysis Report
Prepared for you on Friday, April 23, 2021.
Russian Ruble/Euro (FOREX:RUBEUR)
Weak Downtrend (-65) - RUBEUR is showing signs of a strengthening downtrend. Monitor RUBEUR as it may be building momentum to the downside.
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.
MarketClub’s Trade Triangles for RUBEUR
The long-term trend has been DOWN since Apr 7th, 2021 at 0.01080923
The intermediate-term trend has been DOWN since Mar 23rd, 2021 at 0.01114019
The short-term trend has been UP since Apr 16th, 2021 at 0.01107444
Smart Scan Analysis for RUBEUR
Based on our trend formula, RUBEUR is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).