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Forex Trend Analysis Report

Prepared for you on Friday, December 4, 2020.

Russian Ruble/US Dollar (FOREX:RUBUSD)

Crossroads (+60) - RUBUSD is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

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
0.013430 0.013480 0.013395 0.013455 +0.000025
Entry Signal

MarketClub’s Trade Triangles for RUBUSD

long term down The long-term trend has been DOWN since Feb 21st, 2020 at 0.01551

intermediate term up The intermediate-term trend has been UP since Nov 9th, 2020 at 0.01315

short term up The short-term trend has been UP since Dec 2nd, 2020 at 0.01324

Smart Scan Analysis for RUBUSD

Based on our trend formula, RUBUSD is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+60
Smart Scan Analysis for RUBUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.013430 0.013480 0.013395 0.013455 +0.000025
Prev. Close Volume Bid Ask Time
0.013430 2020-12-04 05:51:27
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