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Forex Trend Analysis Report

Prepared for you on Monday, March 8, 2021.

Russian Ruble/Canadian Dollar (FOREX:RUBCAD)

Bear Market Rally (-75) - RUBCAD is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on RUBCAD as it may be in the beginning of a reversal.

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
0.01700407 0.01711598 0.01693884 0.01698958 -0.00001400
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 Feb 15th, 2021 at 0.01726820

short term down The short-term trend has been DOWN since Mar 4th, 2021 at 0.01695347

Smart Scan Analysis for RUBCAD

Based on our trend formula, RUBCAD is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-75
Smart Scan Analysis for RUBCAD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.01700407 0.01711598 0.01693884 0.01698958 -0.00001400
Prev. Close Volume Bid Ask Time
0.01700407 2021-03-08 20:22:22
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