Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Sunday, January 23, 2022.

Canadian Dollar/Russian Ruble (FOREX:CADRUB)

Long-Term Uptrend (+90) - CADRUB is in a strong uptrend that is likely to continue. While CADRUB is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.

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
61.677518 61.677518 61.677518 61.677518 0.000000
Entry Signal

MarketClub’s Trade Triangles for CADRUB

long term up The long-term trend has been UP since Nov 22nd, 2021 at 59.187894

intermediate term up The intermediate-term trend has been UP since Dec 30th, 2021 at 58.787285

short term up The short-term trend has been UP since Jan 13th, 2022 at 59.890646

Smart Scan Analysis for CADRUB

Based on our trend formula, CADRUB is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+90
Smart Scan Analysis for CADRUB
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
61.677518 61.677518 61.677518 61.677518 0.000000
Prev. Close Volume Bid Ask Time
61.677518 2022-01-23 10:25:20
Get a free daily analysis and signals for Canadian Dollar/Russian Ruble (CADRUB) - Request Your Free Report.