Analyze Symbol

Forex Trend Analysis Report

Prepared for you on Saturday, October 21, 2017.

Swiss Franc/Russian Ruble (FOREX:CHFRUB)

Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term negative trend to resume. Downtrend with 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
58.4115 58.4115 58.4115 58.4115 0.0000
Entry Signal

MarketClub’s Trade Triangles for CHFRUB

long term down The long term trend has been DOWN since Oct 5th, 2017 at 58.7890

intermediate term down The intermediate term trend has been DOWN since Jul 28th, 2017 at 61.1105

short term up The short term trend has been UP since Oct 19th, 2017 at 58.9100

Smart Scan Analysis for CHFRUB

Based on a pre-defined weighted trend formula for chart analysis, CHFRUB scored -85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-85
Smart Scan Analysis for CHFRUB
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
58.4115 58.4115 58.4115 58.4115 0.0000
Prev. Close Volume Bid Ask Time
58.4115 58.3980 58.4250 2017-10-21 01:04:03
Want to analyze Swiss Franc/Russian Ruble CHFRUB or another symbol? Try our Free Forex Trend Analysis Report.