Forex Trend Analysis Report
Prepared for you on Friday, March 29, 2024.
Chinese Yuan Renminbi/Russian Ruble (FOREX:CNYRUB)
Strong Uptrend (+100) - CNYRUB is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, CNYRUB continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
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.
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MarketClub’s Trade Triangles for CNYRUB
The long-term trend has been UP since Feb 22nd, 2024 at 13.149967
The intermediate-term trend has been UP since Mar 28th, 2024 at 13.062340
The short-term trend has been UP since Mar 10th, 2024 at 12.837069
Smart Scan Analysis for CNYRUB
Based on our trend formula, CNYRUB is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
Open | High | Low | Price | Change |
---|---|---|---|---|
13.027225 | 13.106068 | 13.026444 | 13.033286 | +0.006061 |
Prev. Close | Volume | Bid | Ask | Time |
13.027225 | 2024-03-29 05:41:40 |