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Forex Trend Analysis Report

Prepared for you on Wednesday, January 15, 2025.

Canadian Dollar/Russian Ruble (FOREX:CADRUB)

Countertrend Up (+85) - CADRUB is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.

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
71.06784 72.11361 71.02026 72.00773 +0.93989
Entry Signal

MarketClub’s Trade Triangles for CADRUB

long term up The long-term trend has been UP since Oct 1st, 2024 at 69.86023

intermediate term up The intermediate-term trend has been UP since Dec 30th, 2024 at 76.50272

short term up The short-term trend has been UP since Jan 14th, 2025 at 71.77716

Smart Scan Analysis for CADRUB

Based on our trend formula, CADRUB is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+80
Smart Scan Analysis for CADRUB
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
71.06784 72.11361 71.02026 72.00773 +0.93989
Prev. Close Volume Bid Ask Time
71.06784 2025-01-15 02:44:43
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