Forex Trend Analysis Report
Prepared for you on Saturday, March 6, 2021.
US Dollar/Russian Ruble (FOREX:USDRUB)
Weak Downtrend (-65) - USDRUB is showing signs of a strengthening downtrend. Monitor USDRUB as it may be building momentum to the downside.
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 DOWN since Dec 7th, 2020 at 73.3735
The intermediate-term trend has been DOWN since Feb 11th, 2021 at 73.1930
The short-term trend has been DOWN since Mar 4th, 2021 at 73.3995
Smart Scan Analysis for USDRUB
Based on our trend formula, USDRUB is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).