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Forex Trend Analysis Report

Prepared for you on Thursday, December 26, 2024.

Chinese Yuan Renminbi/Russian Ruble (FOREX:CNYRUB)

Weak Downtrend (-65) - CNYRUB is showing signs of a strengthening downtrend. Monitor CNYRUB as it may be building momentum to the downside.

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

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

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

FOREX_CNYRUB
Open High Low CNYRUB Price Change
13.697882 13.708768 13.692616 13.696822 -0.001060
Entry Signal

MarketClub’s Trade Triangles for CNYRUB

long term up The long-term trend has been UP since Sep 18th, 2024 at 13.072351

intermediate term down The intermediate-term trend has been DOWN since Dec 8th, 2024 at 13.603781

short term down The short-term trend has been DOWN since Dec 16th, 2024 at 14.168599

Smart Scan Analysis for CNYRUB

Based on our trend formula, CNYRUB is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for CNYRUB
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
13.697882 13.708768 13.692616 13.696822 -0.001060
Prev. Close Volume Bid Ask Time
13.697882 2024-12-26 06:18:06
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