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Forex Trend Analysis Report
Prepared for you on Thursday, September 28, 2023.
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.
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 RUBCAD
The long-term trend has been DOWN since Dec 18th, 2022 at 0.02120446
The intermediate-term trend has been DOWN since Jun 1st, 2023 at 0.01662491
The short-term trend has been DOWN since Sep 26th, 2023 at 0.01394845
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).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.01389915 | 0.01392961 | 0.01385900 | 0.01389754 | -0.00000200 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.01389915 | 2023-09-28 10:00:08 |