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Forex Trend Analysis Report

Prepared for you on Wednesday, February 21, 2018.

Euro/Russian Ruble (FOREX:EURRUB)

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_EURRUB
Open High Low EURRUB Price Change
69.75790 69.87695 69.72925 69.78665 +0.02875
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 Jan 16th, 2018 at 69.4555

short term down The short term trend has been DOWN since Feb 14th, 2018 at 70.8266

Smart Scan Analysis for EURRUB

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

+55
Smart Scan Analysis for EURRUB
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
69.75790 69.87695 69.72925 69.78665 +0.02875
Prev. Close Volume Bid Ask Time
69.75790 69.76030 69.81300 2018-02-21 04:24:31
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