Forex Trend Analysis Report
Prepared for you on Tuesday, October 26, 2021.
Russian Ruble/Norwegian Krone (FOREX:RUBNOK)
Strong Uptrend (+100) - RUBNOK is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, RUBNOK continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
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.
MarketClub’s Trade Triangles for RUBNOK
The long-term trend has been UP since Jun 16th, 2021 at 0.11683788
The intermediate-term trend has been UP since Oct 25th, 2021 at 0.11979713
The short-term trend has been UP since Oct 22nd, 2021 at 0.11852009
Smart Scan Analysis for RUBNOK
Based on our trend formula, RUBNOK is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).