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Forex Trend Analysis Report

Prepared for you on Saturday, March 6, 2021.

Chinese Yuan Renminbi/Russian Ruble (FOREX:CNYRUB)

Weak Downtrend (-65) - CNYRUB is showing signs of a strengthening downtrend. Monitor CNYRUB as it may be building momentum to the downside.

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
11.423557 11.423557 11.423557 11.423557 0.000000
Entry Signal

MarketClub’s Trade Triangles for CNYRUB

long term up The long-term trend has been UP since Jan 22nd, 2021 at 11.451802

intermediate term down The intermediate-term trend has been DOWN since Feb 15th, 2021 at 11.391301

short term down The short-term trend has been DOWN since Mar 4th, 2021 at 11.373005

Smart Scan Analysis for CNYRUB

Based on our trend formula, CNYRUB is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for CNYRUB
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
11.423557 11.423557 11.423557 11.423557 0.000000
Prev. Close Volume Bid Ask Time
11.423557 2021-03-06 06:42:07
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