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Forex Trend Analysis Report
Prepared for you on Friday, July 26, 2024.
US Dollar/Russian Ruble (FOREX:USDRUB)
Bear Market Rally (-75) - USDRUB is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on USDRUB as it may be in the beginning of a reversal.
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.
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MarketClub’s Trade Triangles for USDRUB
The long-term trend has been DOWN since May 21st, 2024 at 90.53000
The intermediate-term trend has been UP since Jun 13th, 2024 at 91.62500
The short-term trend has been DOWN since Jul 19th, 2024 at 87.90771
Smart Scan Analysis for USDRUB
Based on our trend formula, USDRUB is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 85.00193 | 86.27499 | 84.98320 | 85.97287 | +0.97094 |
| Prev. Close | Volume | Bid | Ask | Time |
| 85.00193 | 2024-07-26 20:52:40 |