Forex Trend Analysis Report
Prepared for you on Monday, December 11, 2023.
Russian Ruble/Turkish Lira (FOREX:RUBTRY)
Countertrend Up (+85) - RUBTRY is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
Is it time to buy, sell, or avoid RUBTRY?
MarketClub looks at technical strength and momentum to determine if the timing is right for RUBTRY.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for RUBTRY
The long-term trend has been UP since May 30th, 2023 at 0.27311182
The intermediate-term trend has been UP since Oct 10th, 2023 at 0.29060207
The short-term trend has been UP since Dec 8th, 2023 at 0.31642528
Smart Scan Analysis for RUBTRY
Based on our trend formula, RUBTRY is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).