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Forex Trend Analysis Report

Prepared for you on Saturday, April 21, 2018.

Euro/Russian Ruble (FOREX:EURRUB)

Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term positive trend to resume. Uptrend 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_EURRUB
Open High Low EURRUB Price Change
75.4197 75.5811 75.4197 75.4270 +0.0073
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 up The intermediate term trend has been UP since Mar 16th, 2018 at 70.9165

short term down The short term trend has been DOWN since Apr 17th, 2018 at 75.5240

Smart Scan Analysis for EURRUB

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

+85
Smart Scan Analysis for EURRUB
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
75.4197 75.5811 75.4197 75.4270 +0.0073
Prev. Close Volume Bid Ask Time
75.4197 75.4252 75.4288 2018-04-21 12:35:59
Want to analyze Euro/Russian Ruble EURRUB or another symbol? Try our Free Forex Trend Analysis Report.