Forex Trend Analysis Report
Prepared for you on Monday, March 30, 2020.
Russian Ruble/South African Rand (FOREX:RUBZAR)
Long-Term Uptrend (+90) - RUBZAR is in a strong uptrend that is likely to continue. While RUBZAR is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
Is it time to buy, sell, or avoid RUBZAR?
MarketClub looks at technical strength and momentum to determine if the timing is right for RUBZAR.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for RUBZAR
The long-term trend has been UP since Mar 8th, 2020 at 0.23735041
The intermediate-term trend has been UP since Mar 8th, 2020 at 0.23735041
The short-term trend has been UP since Mar 22nd, 2020 at 0.22316547
Smart Scan Analysis for RUBZAR
Based on our trend formula, RUBZAR is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).