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.
MarketClub’s Trade Triangles for RUBEUR
The long-term trend has been DOWN since Jan 5th, 2022 at 0.01166974
The intermediate-term trend has been DOWN since Nov 3rd, 2021 at 0.01195729
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).