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Forex Trend Analysis Report
Prepared for you on Friday, September 20, 2024.
Canadian Dollar/Russian Ruble (FOREX:CADRUB)
Crossroads (+60) - CADRUB is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
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 UP since Aug 12th, 2024 at 64.642572
The short-term trend has been UP since Sep 18th, 2024 at 67.400270
Smart Scan Analysis for CADRUB
Based on our trend formula, CADRUB is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 67.96935 | 68.63006 | 67.93990 | 68.10259 | +0.13324 |
| Prev. Close | Volume | Bid | Ask | Time |
| 67.96935 | 2024-09-20 13:35:20 |