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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.

FOREX_CNYRUB
Open High Low CNYRUB Price Change
13.027225 13.106068 13.026444 13.033286 +0.006061
Entry Signal

MarketClub’s Trade Triangles for CNYRUB

long term up The long-term trend has been UP since Feb 22nd, 2024 at 13.149967

intermediate term up The intermediate-term trend has been UP since Mar 28th, 2024 at 13.062340

short term up 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).

+100
Smart Scan Analysis for CNYRUB
Strong Downtrend Sideways 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
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