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Forex Trend Analysis Report
Prepared for you on Tuesday, February 7, 2023.
US Dollar/Russian Ruble (FOREX:USDRUB)
Long-Term Uptrend (+90) - USDRUB is in a strong uptrend that is likely to continue. While USDRUB is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution 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.
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MarketClub’s Trade Triangles for USDRUB
The long-term trend has been UP since Dec 16th, 2022 at 65.2751
The intermediate-term trend has been UP since Dec 5th, 2022 at 62.7500
The short-term trend has been UP since Feb 7th, 2023 at 71.5100
Smart Scan Analysis for USDRUB
Based on our trend formula, USDRUB is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 71.0160 | 72.1350 | 70.4725 | 70.6750 | -0.3410 |
| Prev. Close | Volume | Bid | Ask | Time |
| 71.0160 | 2023-02-07 22:05:52 |