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Forex Trend Analysis Report
Prepared for you on Thursday, November 21, 2024.
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.
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MarketClub’s Trade Triangles for RUBJPY
The long-term trend has been DOWN since Aug 5th, 2024 at 1.6527429
The intermediate-term trend has been DOWN since Nov 19th, 2024 at 1.5312218
The short-term trend has been DOWN since Nov 21st, 2024 at 1.5234739
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).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1.5427478 | 1.5448598 | 1.5210819 | 1.5299801 | -0.0127680 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1.5427478 | 2024-11-21 08:13:23 |