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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.
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MarketClub’s Trade Triangles for RUBCAD
The long-term trend has been DOWN since Feb 24th, 2020 at 0.02049558
The intermediate-term trend has been UP since Apr 17th, 2020 at 0.01914341
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).
| 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 |