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.

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

MarketClub’s Trade Triangles for RUBKRW

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

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

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

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

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