Forex Trend Analysis Report
Prepared for you on Monday, March 18, 2024.
Chinese Yuan Renminbi/Russian Ruble (FOREX:CNYRUB)
Weak Uptrend (+65) - CNYRUB is showing signs of weakening momentum to the upside. Monitor CNYRUB as it may be in the beginning stages of a reversal.
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.
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MarketClub’s Trade Triangles for CNYRUB
The long-term trend has been UP since Feb 22nd, 2024 at 13.149967
The intermediate-term trend has been DOWN since Mar 6th, 2024 at 12.756284
The short-term trend has been UP since Mar 10th, 2024 at 12.837069
Smart Scan Analysis for CNYRUB
Based on our trend formula, CNYRUB is rated as a +65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
Open | High | Low | Price | Change |
---|---|---|---|---|
13.000492 | 13.035481 | 12.887628 | 12.920124 | -0.080368 |
Prev. Close | Volume | Bid | Ask | Time |
13.000492 | 2024-03-18 21:34:51 |