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Forex Trend Analysis Report

Prepared for you on Wednesday, June 7, 2023.

Canadian Dollar/Russian Ruble (FOREX:CADRUB)

Strong Uptrend (+100) - CADRUB is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, CADRUB continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.

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
60.696046 60.766104 60.663262 60.766104 +0.070058
Entry Signal

MarketClub’s Trade Triangles for CADRUB

long term up The long-term trend has been UP since Mar 31st, 2023 at 57.542705

intermediate term up The intermediate-term trend has been UP since Jun 1st, 2023 at 60.193560

short term up The short-term trend has been UP since May 31st, 2023 at 59.756761

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).

+100
Smart Scan Analysis for CADRUB
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
60.696046 60.766104 60.663262 60.766104 +0.070058
Prev. Close Volume Bid Ask Time
60.696046 2023-06-07 02:14:13
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