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Forex Trend Analysis Report
Prepared for you on Friday, October 11, 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 Sep 18th, 2024 at 13.072351
The intermediate-term trend has been UP since Aug 12th, 2024 at 12.378544
The short-term trend has been UP since Sep 24th, 2024 at 13.217077
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 |
|---|---|---|---|---|
| 13.659896 | 13.661215 | 13.657965 | 13.660210 | +0.000314 |
| Prev. Close | Volume | Bid | Ask | Time |
| 13.659896 | 2024-10-11 01:37:04 |