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Forex Trend Analysis Report

Prepared for you on Friday, October 19, 2018.

Swiss Franc/Russian Ruble (FOREX:CHFRUB)

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_CHFRUB
Open High Low CHFRUB Price Change
65.9335 66.0840 65.5200 65.7640 -0.1695
Entry Signal

MarketClub’s Trade Triangles for CHFRUB

long term up The long term trend has been UP since Feb 5th, 2018 at 61.2855

intermediate term down The intermediate term trend has been DOWN since Sep 24th, 2018 at 68.5900

short term down The short term trend has been DOWN since Oct 12th, 2018 at 66.5585

Smart Scan Analysis for CHFRUB

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

-60
Smart Scan Analysis for CHFRUB
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
65.9335 66.0840 65.5200 65.7640 -0.1695
Prev. Close Volume Bid Ask Time
65.9335 65.7490 65.7790 2018-10-19 19:54:30
Want to analyze Swiss Franc/Russian Ruble CHFRUB or another symbol? Try our Free Forex Trend Analysis Report.