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Forex Trend Analysis Report

Prepared for you on Saturday, December 14, 2024.

Russian Ruble/Japanese Yen (FOREX:RUBJPY)

Bear Market Rally (-75) - RUBJPY is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on RUBJPY as it may be in the beginning of a reversal.

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
1.4902063 1.4902063 1.4717932 1.4717932 -0.0184130
Entry Signal

MarketClub’s Trade Triangles for RUBJPY

long term down The long-term trend has been DOWN since Aug 5th, 2024 at 1.6527429

intermediate term down The intermediate-term trend has been DOWN since Nov 19th, 2024 at 1.5312218

short term down The short-term trend has been DOWN since Dec 10th, 2024 at 1.4832552

Smart Scan Analysis for RUBJPY

Based on our trend formula, RUBJPY is rated as a -80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-80
Smart Scan Analysis for RUBJPY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.4902063 1.4902063 1.4717932 1.4717932 -0.0184130
Prev. Close Volume Bid Ask Time
1.4902063 2024-12-14 09:18:47
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