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Forex Trend Analysis Report

Prepared for you on Friday, July 26, 2024.

Russian Ruble/Canadian Dollar (FOREX:RUBCAD)

Strong Uptrend (+100) - RUBCAD is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, RUBCAD continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.

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.

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

FOREX_RUBCAD
Open High Low RUBCAD Price Change
0.01625514 0.01625715 0.01599266 0.01607185 -0.00018300
Entry Signal

MarketClub’s Trade Triangles for RUBCAD

long term up The long-term trend has been UP since Nov 8th, 2023 at 0.01504569

intermediate term up The intermediate-term trend has been UP since Jul 25th, 2024 at 0.01603683

short term up The short-term trend has been UP since Jul 8th, 2024 at 0.01553065

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
0.01625514 0.01625715 0.01599266 0.01607185 -0.00018300
Prev. Close Volume Bid Ask Time
0.01625514 2024-07-26 17:01:52
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