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Forex Trend Analysis Report
Prepared for you on Saturday, October 23, 2021.
Canadian Dollar/Russian Ruble (FOREX:CADRUB)
Strong Downtrend (-100) - CADRUB is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.
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 DOWN since Jul 19th, 2021 at 58.254787
The intermediate-term trend has been DOWN since Oct 22nd, 2021 at 57.014229
The short-term trend has been DOWN since Oct 22nd, 2021 at 57.305222
Smart Scan Analysis for CADRUB
Based on our trend formula, CADRUB is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 56.851007 | 56.851007 | 56.851007 | 56.851007 | 0.000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 56.851007 | 2021-10-23 17:30:36 |