Forex Trend Analysis Report
Prepared for you on Tuesday, May 26, 2020.
Russian Ruble/Euro (FOREX:RUBEUR)
Bull Market Weakness (+75) - RUBEUR is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on RUBEUR as it may be in the beginning stages 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.
MarketClub’s Trade Triangles for RUBEUR
The long-term trend has been DOWN since Feb 27th, 2020 at 0.01396219
The intermediate-term trend has been UP since Apr 7th, 2020 at 0.01225191
The short-term trend has been UP since May 15th, 2020 at 0.01262770
Smart Scan Analysis for RUBEUR
Based on our trend formula, RUBEUR is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).