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Forex Trend Analysis Report

Prepared for you on Thursday, January 16, 2025.

Russian Ruble/Norwegian Krone (FOREX:RUBNOK)

Weak Downtrend (-65) - RUBNOK is showing signs of a strengthening downtrend. Monitor RUBNOK as it may be building momentum to the downside.

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.

FOREX_RUBNOK
Open High Low RUBNOK Price Change
0.11067642 0.11135215 0.10952756 0.10963795 -0.00103800
Entry Signal

MarketClub’s Trade Triangles for RUBNOK

long term down The long-term trend has been DOWN since Aug 13th, 2024 at 0.11544982

intermediate term down The intermediate-term trend has been DOWN since Dec 30th, 2024 at 0.10266448

short term down The short-term trend has been DOWN since Jan 15th, 2025 at 0.10985810

Smart Scan Analysis for RUBNOK

Based on our trend formula, RUBNOK is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for RUBNOK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.11067642 0.11135215 0.10952756 0.10963795 -0.00103800
Prev. Close Volume Bid Ask Time
0.11067642 2025-01-16 20:48:59
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