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Forex Trend Analysis Report

Prepared for you on Thursday, August 13, 2020.

Canadian Dollar/Russian Ruble (FOREX:CADRUB)

Strong Uptrend (+100) - CADRUB is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, CADRUB continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.

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

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

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

FOREX_CADRUB
Open High Low CADRUB Price Change
55.551545 55.754265 55.436507 55.638733 +0.087188
Entry Signal

MarketClub’s Trade Triangles for CADRUB

long term up The long-term trend has been UP since Feb 24th, 2020 at 48.788760

intermediate term up The intermediate-term trend has been UP since Jun 30th, 2020 at 51.657222

short term up The short-term trend has been UP since Aug 12th, 2020 at 55.199901

Smart Scan Analysis for CADRUB

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

+100
Smart Scan Analysis for CADRUB
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
55.551545 55.754265 55.436507 55.638733 +0.087188
Prev. Close Volume Bid Ask Time
55.551545 55.638102 55.639364 2020-08-13 09:52:02
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