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.
MarketClub’s Trade Triangles for RUBKRW
The long-term trend has been UP since Jun 16th, 2021 at 15.598271
The intermediate-term trend has been UP since Jul 27th, 2021 at 15.676674
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).