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Forex Trend Analysis Report

Prepared for you on Saturday, April 1, 2023.

Chinese Yuan Renminbi/Russian Ruble (FOREX:CNYRUB)

Long-Term Uptrend (+90) - CNYRUB is in a strong uptrend that is likely to continue. While CNYRUB is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.

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.

FOREX_CNYRUB
Open High Low CNYRUB Price Change
11.302733 11.302733 11.302733 11.302733 0.000000
Entry Signal

MarketClub’s Trade Triangles for CNYRUB

long term up The long-term trend has been UP since Dec 5th, 2022 at 9.031320

intermediate term up The intermediate-term trend has been UP since Feb 5th, 2023 at 10.483625

short term up The short-term trend has been UP since Mar 30th, 2023 at 11.234293

Smart Scan Analysis for CNYRUB

Based on our trend formula, CNYRUB is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+90
Smart Scan Analysis for CNYRUB
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
11.302733 11.302733 11.302733 11.302733 0.000000
Prev. Close Volume Bid Ask Time
11.302733 2023-04-01 13:32:59
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