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Forex Trend Analysis Report
Prepared for you on Tuesday, April 23, 2024.
Russian Ruble/Norwegian Krone (FOREX:RUBNOK)
Countertrend Up (+85) - RUBNOK is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
Is it time to buy, sell, or avoid RUBNOK?
MarketClub looks at technical strength and momentum to determine if the timing is right for RUBNOK.
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 RUBNOK
The long-term trend has been UP since Nov 7th, 2023 at 0.12155545
The intermediate-term trend has been UP since Mar 6th, 2024 at 0.11690672
The short-term trend has been DOWN since Apr 23rd, 2024 at 0.11744590
Smart Scan Analysis for RUBNOK
Based on our trend formula, RUBNOK is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.11765667 | 0.11792368 | 0.11742520 | 0.11778567 | +0.00012900 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.11765667 | 2024-04-23 06:51:55 |