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Forex Trend Analysis Report

Prepared for you on Saturday, April 13, 2024.

Russian Ruble/US Dollar (FOREX:RUBUSD)

Long-Term Downtrend (-90) - RUBUSD is in a strong downtrend that is likely to continue. While RUBUSD is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

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

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

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

FOREX_RUBUSD
Open High Low RUBUSD Price Change
0.01070000 0.01073000 0.01062000 0.01071524 +0.00001500
Entry Signal

MarketClub’s Trade Triangles for RUBUSD

long term down The long-term trend has been DOWN since Feb 22nd, 2024 at 0.01066724

intermediate term down The intermediate-term trend has been DOWN since Mar 28th, 2024 at 0.01077000

short term down The short-term trend has been DOWN since Apr 8th, 2024 at 0.01079000

Smart Scan Analysis for RUBUSD

Based on our trend formula, RUBUSD is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for RUBUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.01070000 0.01073000 0.01062000 0.01071524 +0.00001500
Prev. Close Volume Bid Ask Time
0.01070000 2024-04-12 16:23:12
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