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Forex Trend Analysis Report
Prepared for you on Friday, April 19, 2024.
Canadian Dollar/Russian Ruble (FOREX:CADRUB)
Sidelines Mode (-55) - CADRUB is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid CADRUB?
MarketClub looks at technical strength and momentum to determine if the timing is right for CADRUB.
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 CADRUB
The long-term trend has been UP since Jan 25th, 2024 at 75.09726
The intermediate-term trend has been DOWN since Mar 6th, 2024 at 67.24375
The short-term trend has been UP since Apr 16th, 2024 at 67.98224
Smart Scan Analysis for CADRUB
Based on our trend formula, CADRUB is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 68.33457 | 68.59445 | 68.04102 | 68.04595 | -0.28862 |
| Prev. Close | Volume | Bid | Ask | Time |
| 68.33457 | 2024-04-19 20:25:37 |