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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.

FOREX_CADRUB
Open High Low CADRUB Price Change
56.851007 56.851007 56.851007 56.851007 0.000000
Entry Signal

MarketClub’s Trade Triangles for CADRUB

long term down The long-term trend has been DOWN since Jul 19th, 2021 at 58.254787

intermediate term down The intermediate-term trend has been DOWN since Oct 22nd, 2021 at 57.014229

short term down 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).

-100
Smart Scan Analysis for CADRUB
Strong Downtrend Sideways 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
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