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Forex Trend Analysis Report

Prepared for you on Tuesday, April 16, 2024.

US Dollar/Russian Ruble (FOREX:USDRUB)

Countertrend Up (+85) - USDRUB is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.

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
94.15 94.15 94.15 94.15 0.00
Entry Signal

MarketClub’s Trade Triangles for USDRUB

long term up The long-term trend has been UP since Jan 25th, 2024 at 102.500

intermediate term up The intermediate-term trend has been UP since Mar 15th, 2024 at 92.495

short term up The short-term trend has been UP since Mar 15th, 2024 at 91.735

Smart Scan Analysis for USDRUB

Based on our trend formula, USDRUB is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+80
Smart Scan Analysis for USDRUB
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
94.15 94.15 94.15 94.15 0.00
Prev. Close Volume Bid Ask Time
94.15 2024-04-16 17:23:16
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