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Forex Trend Analysis Report
Prepared for you on Sunday, May 19, 2024.
Russian Ruble/Swedish Krona (FOREX:RUBSEK)
Sidelines Mode (+55) - RUBSEK is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
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.
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MarketClub’s Trade Triangles for RUBSEK
The long-term trend has been UP since May 8th, 2024 at 0.11921082
The intermediate-term trend has been UP since Mar 27th, 2024 at 0.11504253
The short-term trend has been DOWN since May 15th, 2024 at 0.11715727
Smart Scan Analysis for RUBSEK
Based on our trend formula, RUBSEK is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.11799257 | 0.11842600 | 0.11767064 | 0.11767064 | -0.00032200 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.11799257 | 2024-05-17 11:36:25 |