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Forex Trend Analysis Report

Prepared for you on Monday, May 25, 2020.

Russian Ruble/Canadian Dollar (FOREX:RUBCAD)

Crossroads (+60) - RUBCAD is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

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.

FOREX_RUBCAD
Open High Low RUBCAD Price Change
0.01952555 0.01961020 0.01950811 0.01955048 +0.00002500
Entry Signal

MarketClub’s Trade Triangles for RUBCAD

long term down The long-term trend has been DOWN since Feb 24th, 2020 at 0.02049558

intermediate term up The intermediate-term trend has been UP since Apr 17th, 2020 at 0.01914341

short term up The short-term trend has been UP since May 12th, 2020 at 0.01909905

Smart Scan Analysis for RUBCAD

Based on our trend formula, RUBCAD is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+60
Smart Scan Analysis for RUBCAD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.01952555 0.01961020 0.01950811 0.01955048 +0.00002500
Prev. Close Volume Bid Ask Time
0.01952555 0.01954907 0.01955189 2020-05-25 05:03:33
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