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Forex Trend Analysis Report
Prepared for you on Wednesday, November 20, 2024.
Russian Ruble/Canadian Dollar (FOREX:RUBCAD)
Strong Downtrend (-100) - RUBCAD is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, RUBCAD continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid RUBCAD?
MarketClub looks at technical strength and momentum to determine if the timing is right for RUBCAD.
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 RUBCAD
The long-term trend has been DOWN since Aug 13th, 2024 at 0.01459283
The intermediate-term trend has been DOWN since Aug 12th, 2024 at 0.01546817
The short-term trend has been DOWN since Nov 14th, 2024 at 0.01413588
Smart Scan Analysis for RUBCAD
Based on our trend formula, RUBCAD is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.01399262 | 0.01399723 | 0.01390424 | 0.01391548 | -0.00007700 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.01399262 | 2024-11-20 03:37:20 |