Forex Trend Analysis Report
Prepared for you on Sunday, October 17, 2021.
Canadian Dollar/Russian Ruble (FOREX:CADRUB)
Weak Downtrend (-65) - CADRUB is showing signs of a strengthening downtrend. Monitor CADRUB as it may be building momentum to the downside.
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.
MarketClub’s Trade Triangles for CADRUB
The long-term trend has been DOWN since Jul 19th, 2021 at 58.254787
The intermediate-term trend has been UP since Oct 4th, 2021 at 57.755419
The short-term trend has been DOWN since Oct 15th, 2021 at 57.485771
Smart Scan Analysis for CADRUB
Based on our trend formula, CADRUB is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).