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Forex Trend Analysis Report

Prepared for you on Wednesday, October 18, 2017.

Canadian Dollar/Russian Ruble (FOREX:CADRUB)

Smart Scan Chart Analysis shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend with very tight 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.

FOREX_CADRUB
Open High Low CADRUB Price Change
45.8230 45.9800 45.5605 45.9800 +0.1570
Entry Signal

MarketClub’s Trade Triangles for CADRUB

long term up The long term trend has been UP since Jun 19th, 2017 at 44.1770

intermediate term down The intermediate term trend has been DOWN since Sep 29th, 2017 at 46.2650

short term down The short term trend has been DOWN since Oct 18th, 2017 at 45.5915

Smart Scan Analysis for CADRUB

Based on a pre-defined weighted trend formula for chart analysis, CADRUB scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-60
Smart Scan Analysis for CADRUB
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
45.8230 45.9800 45.5605 45.9800 +0.1570
Prev. Close Volume Bid Ask Time
45.8230 45.9710 45.9890 2017-10-18 12:12:38
Want to analyze Canadian Dollar/Russian Ruble CADRUB or another symbol? Try our Free Forex Trend Analysis Report.