Forex Trend Analysis Report
Prepared for you on Monday, July 16, 2018.
Australian Dollar/Russian Ruble (FOREX:AUDRUB)
Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down trend could be changing and moving into a trading range Sidelines Mode.
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 DOWN since Jun 25th, 2018 at 46.5650
The short term trend has been UP since Jul 15th, 2018 at 46.4995
Smart Scan Analysis for AUDRUB
Based on a pre-defined weighted trend formula for chart analysis, AUDRUB scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).