Forex Trend Analysis Report
Prepared for you on Wednesday, March 21, 2018.
Australian Dollar/Russian Ruble (FOREX:AUDRUB)
Smart Scan Chart Analysis is showing some near term rallying power. However, this market remains in the confines of a longer-term Downtrend with 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 AUDRUB
The long term trend has been DOWN since Oct 5th, 2017 at 44.9300
The intermediate term trend has been UP since Mar 12th, 2018 at 44.8565
The short term trend has been DOWN since Mar 16th, 2018 at 44.6665
Smart Scan Analysis for AUDRUB
Based on a pre-defined weighted trend formula for chart analysis, AUDRUB scored -75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).