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Forex Trend Analysis Report
Prepared for you on Friday, July 26, 2024.
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, CADRUB 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 Jun 10th, 2024 at 64.579159
The intermediate-term trend has been DOWN since Jun 10th, 2024 at 64.579159
The short-term trend has been DOWN since Jul 19th, 2024 at 64.203846
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 |
|---|---|---|---|---|
| 61.517593 | 62.438068 | 61.509656 | 62.166290 | +0.648697 |
| Prev. Close | Volume | Bid | Ask | Time |
| 61.517593 | 2024-07-26 19:36:01 |