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Forex Trend Analysis Report

Prepared for you on Thursday, February 22, 2018.

Canadian Dollar/Russian Ruble (FOREX:CADRUB)

Smart Scan Chart Analysis confirms that a strong downtrend is in place and that the market remains negative longer term. Strong Downtrend 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.

FOREX_CADRUB
Open High Low CADRUB Price Change
44.7270 44.7710 44.4185 44.4260 -0.3010
Entry Signal

MarketClub’s Trade Triangles for CADRUB

long term down The long term trend has been DOWN since Oct 25th, 2017 at 45.3010

intermediate term down The intermediate term trend has been DOWN since Feb 15th, 2018 at 45.1315

short term down The short term trend has been DOWN since Feb 12th, 2018 at 45.8475

Smart Scan Analysis for CADRUB

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

-100
Smart Scan Analysis for CADRUB
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
44.7270 44.7710 44.4185 44.4260 -0.3010
Prev. Close Volume Bid Ask Time
44.7270 44.4170 44.4350 2018-02-22 21:50:34
Want to analyze Canadian Dollar/Russian Ruble CADRUB or another symbol? Try our Free Forex Trend Analysis Report.