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Forex Trend Analysis Report
Prepared for you on Wednesday, January 15, 2025.
Canadian Dollar/Russian Ruble (FOREX:CADRUB)
Countertrend Up (+85) - CADRUB is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score 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 Oct 1st, 2024 at 69.86023
The intermediate-term trend has been UP since Dec 30th, 2024 at 76.50272
The short-term trend has been UP since Jan 14th, 2025 at 71.77716
Smart Scan Analysis for CADRUB
Based on our trend formula, CADRUB is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 71.06784 | 72.11361 | 71.02026 | 72.00773 | +0.93989 |
| Prev. Close | Volume | Bid | Ask | Time |
| 71.06784 | 2025-01-15 02:44:43 |