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Forex Trend Analysis Report

Prepared for you on Saturday, September 19, 2020.

Russian Ruble/Swedish Krona (FOREX:RUBSEK)

Strong Downtrend (-100) - RUBSEK is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.

Is it time to buy, sell, or avoid RUBSEK?

MarketClub looks at technical strength and momentum to determine if the timing is right for RUBSEK.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_RUBSEK
Open High Low RUBSEK Price Change
0.11698663 0.11716350 0.11546456 0.11580811 -0.00117900
Entry Signal

MarketClub’s Trade Triangles for RUBSEK

long term down The long-term trend has been DOWN since Jul 17th, 2020 at 0.12538254

intermediate term down The intermediate-term trend has been DOWN since Jun 29th, 2020 at 0.13239791

short term down The short-term trend has been DOWN since Sep 18th, 2020 at 0.11620643

Smart Scan Analysis for RUBSEK

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

-100
Smart Scan Analysis for RUBSEK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.11698663 0.11716350 0.11546456 0.11580811 -0.00117900
Prev. Close Volume Bid Ask Time
0.11698663 0.11580811 0.11580811 2020-09-18 17:03:10
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