Future Trend Analysis Report
Prepared for you on Monday, November 19, 2018.
RUSSIAN RUBLE Dec 2018 (E) (CME:6R.Z18.E)
Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very tight money management stops.
The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.
MarketClub’s Trade Triangles for 6R.Z18.E
The long term trend has been DOWN since Apr 9th, 2018 at 0.016535
The intermediate term trend has been DOWN since Nov 5th, 2018 at 0.015000
The short term trend has been UP since Nov 15th, 2018 at 0.014860
Smart Scan Analysis for 6R.Z18.E
Based on a pre-defined weighted trend formula for chart analysis, 6R.Z18.E scored -65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Contract High||0.0158||Contract High Date||2018-07-13|
|Contract Low||0.01402||Contract Low Date||2018-09-10|
|Open Time||18:00||Close Time||17:00|