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Forex Trend Analysis Report

Prepared for you on Sunday, August 20, 2017.

Swiss Franc/Russian Ruble (FOREX:CHFRUB)

Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down 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.

FOREX_CHFRUB
Open High Low CHFRUB Price Change
61.2310 61.2355 61.0105 61.0245 -0.2065
Entry Signal

MarketClub’s Trade Triangles for CHFRUB

long term up The long term trend has been UP since Jun 19th, 2017 at 59.7030

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 Aug 18th, 2017 at 61.7570

Smart Scan Analysis for CHFRUB

Based on a pre-defined weighted trend formula for chart analysis, CHFRUB scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-55
Smart Scan Analysis for CHFRUB
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
61.2310 61.2355 61.0105 61.0245 -0.2065
Prev. Close Volume Bid Ask Time
61.2310 61.0190 61.0300 2017-08-20 20:59:22
Want to analyze Swiss Franc/Russian Ruble CHFRUB or another symbol? Try our Free Forex Trend Analysis Report.