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.
MarketClub’s Trade Triangles for RUBSEK
The long-term trend has been DOWN since Jul 17th, 2020 at 0.12538254
The intermediate-term trend has been DOWN since Jun 29th, 2020 at 0.13239791
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).