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Forex Trend Analysis Report
Prepared for you on Wednesday, November 20, 2024.
Chinese Yuan Renminbi/Russian Ruble (FOREX:CNYRUB)
Bull Market Weakness (+75) - CNYRUB is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on CNYRUB as it may be in the beginning stages 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.
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MarketClub’s Trade Triangles for CNYRUB
The long-term trend has been UP since Sep 18th, 2024 at 13.072351
The intermediate-term trend has been DOWN since Nov 11th, 2024 at 13.389138
The short-term trend has been UP since Nov 14th, 2024 at 13.687220
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).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 13.774336 | 13.869370 | 13.771428 | 13.856045 | +0.081709 |
| Prev. Close | Volume | Bid | Ask | Time |
| 13.774336 | 2024-11-20 03:36:50 |