Forex Trend Analysis Report
Prepared for you on Monday, May 21, 2018.
Canadian Dollar/Russian Ruble (FOREX:CADRUB)
Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-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 CADRUB
The long term trend has been UP since Apr 9th, 2018 at 46.6035
The intermediate term trend has been UP since Mar 26th, 2018 at 44.5695
The short term trend has been DOWN since May 16th, 2018 at 48.2110
Smart Scan Analysis for CADRUB
Based on a pre-defined weighted trend formula for chart analysis, CADRUB scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).