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Forex Trend Analysis Report

Prepared for you on Monday, August 20, 2018.

Canadian Dollar/Russian Ruble (FOREX:CADRUB)

Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term positive trend to resume. Uptrend with 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.

Open High Low CADRUB Price Change
51.4045 51.5080 51.4020 51.5065 +0.1020
Entry Signal

MarketClub’s Trade Triangles for CADRUB

long term up The long term trend has been UP since Apr 9th, 2018 at 46.6035

intermediate term up The intermediate term trend has been UP since Aug 1st, 2018 at 48.4050

short term down The short term trend has been DOWN since Aug 14th, 2018 at 50.8640

Smart Scan Analysis for CADRUB

Based on a pre-defined weighted trend formula for chart analysis, CADRUB scored +85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

Smart Scan Analysis for CADRUB
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
51.4045 51.5080 51.4020 51.5065 +0.1020
Prev. Close Volume Bid Ask Time
51.4045 51.5030 51.5100 2018-08-20 04:29:46
Want to analyze Canadian Dollar/Russian Ruble CADRUB or another symbol? Try our Free Forex Trend Analysis Report.