Forex Trend Analysis Report

Prepared for you on Thursday, October 28, 2021.

Chinese Yuan Renminbi/Russian Ruble (FOREX:CNYRUB)

Bear Market Rally (-75) - CNYRUB is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on CNYRUB as it may be in the beginning of a reversal.

Is it time to buy, sell, or avoid CNYRUB?

MarketClub looks at technical strength and momentum to determine if the timing is right for CNYRUB.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

Open	High	Low	CNYRUB Price	Change
11.046154	11.054005	10.970536	11.000009	-0.046145
Entry Signal

MarketClub’s Trade Triangles for CNYRUB

The long-term trend has been DOWN since Jun 24th, 2021 at 11.166430

The intermediate-term trend has been DOWN since Oct 7th, 2021 at 11.201519

The short-term trend has been UP since Oct 27th, 2021 at 11.048671

Smart Scan Analysis for CNYRUB

Based on our trend formula, CNYRUB is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-75

Strong Downtrend Sideways Strong Uptrend

Open	High	Low	Price	Change
11.046154	11.054005	10.970536	11.000009	-0.046145
Prev. Close	Volume	Bid	Ask	Time
11.046154				2021-10-28 17:03:28

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