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Forex Trend Analysis Report

Prepared for you on Tuesday, May 22, 2018.

Swiss Franc/Russian Ruble (FOREX:CHFRUB)

Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very tight 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.

FOREX_CHFRUB
Open High Low CHFRUB Price Change
61.8420 61.8995 61.2665 61.5975 -0.2445
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 May 10th, 2018 at 62.2885

short term down The short term trend has been DOWN since May 21st, 2018 at 61.6550

Smart Scan Analysis for CHFRUB

Based on a pre-defined weighted trend formula for chart analysis, CHFRUB scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-70
Smart Scan Analysis for CHFRUB
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
61.8420 61.8995 61.2665 61.5975 -0.2445
Prev. Close Volume Bid Ask Time
61.8420 61.5960 61.5990 2018-05-22 05:48:59
Want to analyze Swiss Franc/Russian Ruble CHFRUB or another symbol? Try our Free Forex Trend Analysis Report.