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Forex Trend Analysis Report

Prepared for you on Wednesday, June 12, 2024.

Russian Ruble/South Korean Won (FOREX:RUBKRW)

Bull Market Weakness (+75) - RUBKRW is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on RUBKRW as it may be in the beginning stages 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.

FOREX_RUBKRW
Open High Low RUBKRW Price Change
15.433003 15.471200 15.281023 15.380726 -0.052277
Entry Signal

MarketClub’s Trade Triangles for RUBKRW

long term up The long-term trend has been UP since May 6th, 2024 at 14.887956

intermediate term up The intermediate-term trend has been UP since Apr 1st, 2024 at 14.600953

short term down The short-term trend has been DOWN since Jun 12th, 2024 at 15.305126

Smart Scan Analysis for RUBKRW

Based on our trend formula, RUBKRW is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+75
Smart Scan Analysis for RUBKRW
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
15.433003 15.471200 15.281023 15.380726 -0.052277
Prev. Close Volume Bid Ask Time
15.433003 2024-06-12 19:07:01
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