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Forex Trend Analysis Report

Prepared for you on Friday, October 4, 2024.

US Dollar/Russian Ruble (FOREX:USDRUB)

Strong Uptrend (+100) - USDRUB is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, USDRUB continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.

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
94.50127 94.87415 94.48244 94.84956 +0.34829
Entry Signal

MarketClub’s Trade Triangles for USDRUB

long term up The long-term trend has been UP since Aug 13th, 2024 at 92.51500

intermediate term up The intermediate-term trend has been UP since Aug 12th, 2024 at 88.70202

short term up The short-term trend has been UP since Sep 27th, 2024 at 93.25421

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
94.50127 94.87415 94.48244 94.84956 +0.34829
Prev. Close Volume Bid Ask Time
94.50127 2024-10-04 04:18:31
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