Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Tuesday, October 19, 2021.

Russian Ruble/South Korean Won (FOREX:RUBKRW)

Long-Term Uptrend (+90) - RUBKRW is in a strong uptrend that is likely to continue. While RUBKRW is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.

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
16.621241 16.641894 16.584433 16.613319 -0.007922
Entry Signal

MarketClub’s Trade Triangles for RUBKRW

long term up The long-term trend has been UP since Jun 16th, 2021 at 15.598271

intermediate term up The intermediate-term trend has been UP since Jul 27th, 2021 at 15.676674

short term up The short-term trend has been UP since Oct 17th, 2021 at 16.679363

Smart Scan Analysis for RUBKRW

Based on our trend formula, RUBKRW is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+90
Smart Scan Analysis for RUBKRW
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
16.621241 16.641894 16.584433 16.613319 -0.007922
Prev. Close Volume Bid Ask Time
16.621241 2021-10-19 09:09:52
Get a free daily analysis and signals for Russian Ruble/South Korean Won (RUBKRW) - Request Your Free Report.