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Forex Trend Analysis Report

Prepared for you on Friday, June 21, 2024.

Russian Ruble/South African Rand (FOREX:RUBZAR)

Weak Uptrend (+65) - RUBZAR is showing signs of weakening momentum to the upside. Monitor RUBZAR as it may be in the beginning stages of a reversal.

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.

FOREX_RUBZAR
Open High Low RUBZAR Price Change
0.20554371 0.20572612 0.20025486 0.20227304 -0.00327100
Entry Signal

MarketClub’s Trade Triangles for RUBZAR

long term up The long-term trend has been UP since Jun 4th, 2024 at 0.21141692

intermediate term up The intermediate-term trend has been UP since May 24th, 2024 at 0.20679086

short term down The short-term trend has been DOWN since Jun 21st, 2024 at 0.20534014

Smart Scan Analysis for RUBZAR

Based on our trend formula, RUBZAR is rated as a +65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+65
Smart Scan Analysis for RUBZAR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.20554371 0.20572612 0.20025486 0.20227304 -0.00327100
Prev. Close Volume Bid Ask Time
0.20554371 2024-06-21 07:49:43
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