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Forex Trend Analysis Report

Prepared for you on Wednesday, December 12, 2018.

Swiss Franc/Russian Ruble (FOREX:CHFRUB)

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.

FOREX_CHFRUB
Open High Low CHFRUB Price Change
66.9020 66.9975 66.5535 66.6240 -0.2780
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 up The intermediate term trend has been UP since Nov 9th, 2018 at 66.8540

short term down The short term trend has been DOWN since Dec 7th, 2018 at 66.6190

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
66.9020 66.9975 66.5535 66.6240 -0.2780
Prev. Close Volume Bid Ask Time
66.9020 66.5990 66.6490 2018-12-12 11:24:35
Want to analyze Swiss Franc/Russian Ruble CHFRUB or another symbol? Try our Free Forex Trend Analysis Report.