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Forex Trend Analysis Report

Prepared for you on Friday, September 22, 2017.

Euro/Russian Ruble (FOREX:EURRUB)

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_EURRUB
Open High Low EURRUB Price Change
69.23518 69.32850 68.67215 68.83023 -0.40495
Entry Signal

MarketClub’s Trade Triangles for EURRUB

long term up The long term trend has been UP since Jun 16th, 2017 at 64.6985

intermediate term down The intermediate term trend has been DOWN since Aug 21st, 2017 at 69.2914

short term down The short term trend has been DOWN since Sep 22nd, 2017 at 68.9346

Smart Scan Analysis for EURRUB

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

-70
Smart Scan Analysis for EURRUB
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
69.23518 69.32850 68.67215 68.83023 -0.40495
Prev. Close Volume Bid Ask Time
69.23518 68.81203 68.84844 2017-09-22 18:38:01
Want to analyze Euro/Russian Ruble EURRUB or another symbol? Try our Free Forex Trend Analysis Report.