Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Thursday, May 6, 2021.

Russian Ruble/South Korean Won (FOREX:RUBKRW)

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

Is it time to buy, sell, or avoid RUBKRW?

MarketClub looks at technical strength and momentum to determine if the timing is right for RUBKRW.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_RUBKRW
Open High Low RUBKRW Price Change
15.037393 15.108926 15.026009 15.089878 +0.052485
Entry Signal

MarketClub’s Trade Triangles for RUBKRW

long term down The long-term trend has been DOWN since Apr 6th, 2021 at 14.474698

intermediate term down The intermediate-term trend has been DOWN since Mar 23rd, 2021 at 14.844031

short term down The short-term trend has been DOWN since Apr 15th, 2021 at 14.474929

Smart Scan Analysis for RUBKRW

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

-80
Smart Scan Analysis for RUBKRW
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
15.037393 15.108926 15.026009 15.089878 +0.052485
Prev. Close Volume Bid Ask Time
15.037393 2021-05-06 15:54:39
Get a free daily analysis and signals for Russian Ruble/South Korean Won (RUBKRW) - Request Your Free Report.