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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.

FOREX_CADRUB
Open High Low CADRUB Price Change
57.396513 57.474701 57.369122 57.474701 +0.078188
Entry Signal

MarketClub’s Trade Triangles for CADRUB

long term down The long-term trend has been DOWN since Jul 19th, 2021 at 58.254787

intermediate term up The intermediate-term trend has been UP since Oct 4th, 2021 at 57.755419

short term down 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).

-65
Smart Scan Analysis for CADRUB
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
57.396513 57.474701 57.369122 57.474701 +0.078188
Prev. Close Volume Bid Ask Time
57.396513 2021-10-17 18:05:13
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