Forex Trend Analysis Report
Prepared for you on Tuesday, May 11, 2021.
Russian Ruble/Japanese Yen (FOREX:RUBJPY)
Bull Market Weakness (+75) - RUBJPY is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on RUBJPY as it may be in the beginning stages 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.
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 DOWN since Mar 23rd, 2021 at 1.4272135
The short-term trend has been UP since Apr 16th, 2021 at 1.4437999
Smart Scan Analysis for RUBJPY
Based on our trend formula, RUBJPY is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).