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Forex Trend Analysis Report

Prepared for you on Monday, August 2, 2021.

Russian Ruble/Chinese Yuan Renminbi (FOREX:RUBCNY)

Strong Uptrend (+100) - RUBCNY is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, RUBCNY 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 RUBCNY?

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

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

FOREX_RUBCNY
Open High Low RUBCNY Price Change
0.08844084 0.08864199 0.08844084 0.08852487 +0.00008400
Entry Signal

MarketClub’s Trade Triangles for RUBCNY

long term up The long-term trend has been UP since Jun 24th, 2021 at 0.08945471

intermediate term up The intermediate-term trend has been UP since Jul 28th, 2021 at 0.08843473

short term up The short-term trend has been UP since Jul 21st, 2021 at 0.08733619

Smart Scan Analysis for RUBCNY

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

+100
Smart Scan Analysis for RUBCNY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.08844084 0.08864199 0.08844084 0.08852487 +0.00008400
Prev. Close Volume Bid Ask Time
0.08844084 2021-08-02 05:18:34
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