Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Wednesday, December 7, 2022.

Russian Ruble/Japanese Yen (FOREX:RUBJPY)

Long-Term Downtrend (-90) - RUBJPY is in a strong downtrend that is likely to continue. While RUBJPY 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 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.

FOREX_RUBJPY
Open High Low RUBJPY Price Change
2.1771139 2.1977713 2.1619801 2.1977713 +0.0206570
Entry Signal

MarketClub’s Trade Triangles for RUBJPY

long term down The long-term trend has been DOWN since Jul 3rd, 2022 at 1.7760402

intermediate term down The intermediate-term trend has been DOWN since Nov 10th, 2022 at 2.3341467

short term down The short-term trend has been DOWN since Dec 6th, 2022 at 2.1490372

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).

-90
Smart Scan Analysis for RUBJPY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.1771139 2.1977713 2.1619801 2.1977713 +0.0206570
Prev. Close Volume Bid Ask Time
2.1771139 2022-12-07 13:22:10
Get a free daily analysis and signals for Russian Ruble/Japanese Yen (RUBJPY) - Request Your Free Report.