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Forex Trend Analysis Report

Prepared for you on Sunday, March 7, 2021.

Russian Ruble/Chinese Yuan Renminbi (FOREX:RUBCNY)

Sidelines Mode (-55) - RUBCNY is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid RUBCNY?

MarketClub looks at technical strength and momentum to determine if the timing is right for RUBCNY.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_RUBCNY
Open High Low RUBCNY Price Change
0.08692757 0.08754921 0.08692757 0.08738618 +0.00045900
Entry Signal

MarketClub’s Trade Triangles for RUBCNY

long term down The long-term trend has been DOWN since Dec 14th, 2020 at 0.08840449

intermediate term up The intermediate-term trend has been UP since Feb 15th, 2021 at 0.08778643

short term down The short-term trend has been DOWN since Mar 4th, 2021 at 0.08671303

Smart Scan Analysis for RUBCNY

Based on our trend formula, RUBCNY is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-55
Smart Scan Analysis for RUBCNY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.08692757 0.08754921 0.08692757 0.08738618 +0.00045900
Prev. Close Volume Bid Ask Time
0.08692757 2021-03-05 17:04:13
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