Forex Trend Analysis Report
Prepared for you on Wednesday, November 14, 2018.
Australian Dollar/Russian Ruble (FOREX:AUDRUB)
Smart Scan Chart Analysis continues positive longer term. Look for this market to remain firm. Strong Uptrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.
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 AUDRUB
The long term trend has been UP since Apr 9th, 2018 at 45.8480
The intermediate term trend has been UP since Nov 1st, 2018 at 47.3685
The short term trend has been UP since Oct 26th, 2018 at 46.6600
Smart Scan Analysis for AUDRUB
Based on a pre-defined weighted trend formula for chart analysis, AUDRUB scored +90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).