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Forex Trend Analysis Report

Prepared for you on Thursday, April 18, 2024.

Canadian Dollar/Russian Ruble (FOREX:CADRUB)

Weak Uptrend (+65) - CADRUB is showing signs of weakening momentum to the upside. Monitor CADRUB as it may be in the beginning stages of a reversal.

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
68.46028 68.51084 68.31622 68.37104 -0.08924
Entry Signal

MarketClub’s Trade Triangles for CADRUB

long term up The long-term trend has been UP since Jan 25th, 2024 at 75.09726

intermediate term down The intermediate-term trend has been DOWN since Mar 6th, 2024 at 67.24375

short term up The short-term trend has been UP since Apr 16th, 2024 at 67.98224

Smart Scan Analysis for CADRUB

Based on our trend formula, CADRUB is rated as a +65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+65
Smart Scan Analysis for CADRUB
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
68.46028 68.51084 68.31622 68.37104 -0.08924
Prev. Close Volume Bid Ask Time
68.46028 2024-04-18 20:05:01
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