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Forex Trend Analysis Report

Prepared for you on Thursday, April 25, 2024.

Canadian Dollar/Russian Ruble (FOREX:CADRUB)

Bull Market Weakness (+75) - CADRUB is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on CADRUB as it may be in the beginning stages of a reversal.

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.

FOREX_CADRUB
Open High Low CADRUB Price Change
68.03486 68.15106 68.02468 68.09428 +0.05942
Entry Signal

MarketClub’s Trade Triangles for CADRUB

long term up The long-term trend has been UP since Jan 25th, 2024 at 75.09726

intermediate term up The intermediate-term trend has been UP since Apr 23rd, 2024 at 68.60163

short term up The short-term trend has been UP since Apr 23rd, 2024 at 68.59445

Smart Scan Analysis for CADRUB

Based on our trend formula, CADRUB is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+70
Smart Scan Analysis for CADRUB
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
68.03486 68.15106 68.02468 68.09428 +0.05942
Prev. Close Volume Bid Ask Time
68.03486 2024-04-25 07:11:33
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