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Forex Trend Analysis Report
Prepared for you on Wednesday, April 24, 2024.
Canadian Dollar/Russian Ruble (FOREX:CADRUB)
Long-Term Uptrend (+90) - CADRUB is in a strong uptrend that is likely to continue. While CADRUB is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution 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.
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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 UP since Apr 23rd, 2024 at 68.60163
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 +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 68.62935 | 68.64241 | 68.49575 | 68.50276 | -0.12659 |
| Prev. Close | Volume | Bid | Ask | Time |
| 68.62935 | 2024-04-24 08:16:40 |