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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.

FOREX_RUBZAR
Open High Low RUBZAR Price Change
0.23121952 0.23135219 0.22329371 0.22370302 -0.00751700
Entry Signal

MarketClub’s Trade Triangles for RUBZAR

long term up The long-term trend has been UP since Mar 8th, 2020 at 0.23735041

intermediate term up The intermediate-term trend has been UP since Mar 8th, 2020 at 0.23735041

short term up 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).

+90
Smart Scan Analysis for RUBZAR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.23121952 0.23135219 0.22329371 0.22370302 -0.00751700
Prev. Close Volume Bid Ask Time
0.23121952 0.22363931 0.22376672 2020-03-30 06:58:59
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