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Forex Trend Analysis Report

Prepared for you on Thursday, December 26, 2024.

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
0.01436421 0.01445091 0.01436190 0.01442374 +0.00006000
Entry Signal

MarketClub’s Trade Triangles for RUBCAD

long term down The long-term trend has been DOWN since Aug 13th, 2024 at 0.01459283

intermediate term up The intermediate-term trend has been UP since Dec 8th, 2024 at 0.01421455

short term up The short-term trend has been UP since Dec 20th, 2024 at 0.01406341

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
0.01436421 0.01445091 0.01436190 0.01442374 +0.00006000
Prev. Close Volume Bid Ask Time
0.01436421 2024-12-26 22:30:19
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