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Forex Trend Analysis Report
Prepared for you on Saturday, October 26, 2024.
Russian Ruble/Norwegian Krone (FOREX:RUBNOK)
Bear Market Rally (-75) - RUBNOK is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on RUBNOK as it may be in the beginning of a reversal.
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 DOWN since Aug 13th, 2024 at 0.11544982
The intermediate-term trend has been DOWN since Sep 18th, 2024 at 0.11344520
The short-term trend has been DOWN since Oct 25th, 2024 at 0.11256591
Smart Scan Analysis for RUBNOK
Based on our trend formula, RUBNOK is rated as a -80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.11368712 | 0.11381918 | 0.11217191 | 0.11281543 | -0.00087200 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.11368712 | 2024-10-25 16:48:09 |