Forex Trend Analysis Report
Prepared for you on Friday, March 5, 2021.
Russian Ruble/Japanese Yen (FOREX:RUBJPY)
Long-Term Uptrend (+90) - RUBJPY is in a strong uptrend that is likely to continue. While RUBJPY is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
Is it time to buy, sell, or avoid RUBJPY?
MarketClub looks at technical strength and momentum to determine if the timing is right for RUBJPY.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for RUBJPY
The long-term trend has been UP since Feb 15th, 2021 at 1.4304742
The intermediate-term trend has been UP since Feb 8th, 2021 at 1.4167651
The short-term trend has been UP since Feb 24th, 2021 at 1.4305170
Smart Scan Analysis for RUBJPY
Based on our trend formula, RUBJPY is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).