Forex Trend Analysis Report
Prepared for you on Friday, June 23, 2017.
Swiss Franc/Russian Ruble (FOREX:CHFRUB)
Smart Scan Chart Analysis confirms that a strong uptrend is in place and that the market remains positive longer term. Strong Uptrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.
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.
MarketClub’s Trade Triangles for CHFRUB
The long term trend has been UP since Jun 19th, 2017 at 59.7030
The intermediate term trend has been UP since Apr 23rd, 2017 at 57.0685
The short term trend has been UP since May 26th, 2017 at 58.5250
Smart Scan Analysis for CHFRUB
Based on a pre-defined weighted trend formula for chart analysis, CHFRUB scored +100 on a scale from -100 (strong downtrend) to +100 (strong uptrend).