Free Daily Analysis

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.

FOREX_RUBKRW
Open High Low RUBKRW Price Change
16.968202 17.019110 16.907132 16.994716 +0.026514
Entry Signal

MarketClub’s Trade Triangles for RUBKRW

long term down The long-term trend has been DOWN since Jul 3rd, 2022 at 14.336547

intermediate term down The intermediate-term trend has been DOWN since Nov 7th, 2022 at 22.384228

short term down 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).

-90
Smart Scan Analysis for RUBKRW
Strong Downtrend Sideways 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
Get a free daily analysis and signals for Russian Ruble/South Korean Won (RUBKRW) - Request Your Free Report.