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Forex Trend Analysis Report

Prepared for you on Sunday, December 1, 2024.

Russian Ruble/Canadian Dollar (FOREX:RUBCAD)

Strong Downtrend (-100) - RUBCAD is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, RUBCAD continues to fall. Traders should use caution and set stops.

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

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

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FOREX_RUBCAD
Open High Low RUBCAD Price Change
0.01307242 0.01307480 0.01305768 0.01305958 -0.00001300
Entry Signal

MarketClub’s Trade Triangles for RUBCAD

long term down The long-term trend has been DOWN since Aug 13th, 2024 at 0.01459283

intermediate term down The intermediate-term trend has been DOWN since Aug 12th, 2024 at 0.01546817

short term down The short-term trend has been DOWN since Nov 14th, 2024 at 0.01413588

Smart Scan Analysis for RUBCAD

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

-100
Smart Scan Analysis for RUBCAD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.01307242 0.01307480 0.01305768 0.01305958 -0.00001300
Prev. Close Volume Bid Ask Time
0.01307242 2024-12-01 14:52:19
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