Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Friday, December 4, 2020.

Russian Ruble/South African Rand (FOREX:RUBZAR)

Weak Downtrend (-65) - RUBZAR is showing signs of a strengthening downtrend. Monitor RUBZAR as it may be building momentum to the downside.

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
0.20366598 0.20372847 0.20340437 0.20343901 -0.00022700
Entry Signal

MarketClub’s Trade Triangles for RUBZAR

long term down The long-term trend has been DOWN since Aug 24th, 2020 at 0.22675210

intermediate term down The intermediate-term trend has been DOWN since Aug 24th, 2020 at 0.22865461

short term up The short-term trend has been UP since Nov 30th, 2020 at 0.20144088

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
0.20366598 0.20372847 0.20340437 0.20343901 -0.00022700
Prev. Close Volume Bid Ask Time
0.20366598 2020-12-04 00:40:40
Get a free daily analysis and signals for Russian Ruble/South African Rand (RUBZAR) - Request Your Free Report.