Forex Trend Analysis Report
Prepared for you on Tuesday, May 26, 2020.
US Dollar/Russian Ruble (FOREX:USDRUB)
Crossroads (-60) - USDRUB is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
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.
MarketClub’s Trade Triangles for USDRUB
The long-term trend has been UP since Feb 21st, 2020 at 64.4895
The intermediate-term trend has been DOWN since Apr 9th, 2020 at 72.8681
The short-term trend has been DOWN since May 18th, 2020 at 73.0155
Smart Scan Analysis for USDRUB
Based on our trend formula, USDRUB is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).