Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Tuesday, October 19, 2021.

US Dollar/Russian Ruble (FOREX:USDRUB)

Strong Downtrend (-100) - USDRUB is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.

Is it time to buy, sell, or avoid USDRUB?

MarketClub looks at technical strength and momentum to determine if the timing is right for USDRUB.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_USDRUB
Open High Low USDRUB Price Change
71.0615 71.0997 70.8150 70.8695 -0.1920
Entry Signal

MarketClub’s Trade Triangles for USDRUB

long term down The long-term trend has been DOWN since Jun 8th, 2021 at 72.5365

intermediate term down The intermediate-term trend has been DOWN since Sep 1st, 2021 at 73.1620

short term down The short-term trend has been DOWN since Oct 14th, 2021 at 71.5705

Smart Scan Analysis for USDRUB

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

-100
Smart Scan Analysis for USDRUB
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
71.0615 71.0997 70.8150 70.8695 -0.1920
Prev. Close Volume Bid Ask Time
71.0615 2021-10-19 20:29:51
Get a free daily analysis and signals for US Dollar/Russian Ruble (USDRUB) - Request Your Free Report.