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Forex Trend Analysis Report
Prepared for you on Tuesday, March 21, 2023.
Russian Ruble/South Korean Won (FOREX:RUBKRW)
Long-Term Downtrend (-90) - RUBKRW is in a strong downtrend that is likely to continue. While RUBKRW 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 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.
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MarketClub’s Trade Triangles for RUBKRW
The long-term trend has been DOWN since Jul 3rd, 2022 at 14.336547
The intermediate-term trend has been DOWN since Nov 7th, 2022 at 22.384228
The short-term trend has been DOWN since Mar 13th, 2023 at 17.205602
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).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 16.968202 | 17.019110 | 16.907132 | 16.994716 | +0.026514 |
| Prev. Close | Volume | Bid | Ask | Time |
| 16.968202 | 2023-03-21 10:52:55 |