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Forex Trend Analysis Report

Prepared for you on Thursday, January 17, 2019.

Euro/Russian Ruble (FOREX:EURRUB)

Smart Scan Chart Analysis shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend with very tight 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
75.5075 75.9465 75.4385 75.6175 +0.1100
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 Jan 15th, 2019 at 76.3575

short term down The short term trend has been DOWN since Jan 2nd, 2019 at 79.2450

Smart Scan Analysis for EURRUB

Based on a pre-defined weighted trend formula for chart analysis, EURRUB scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-60
Smart Scan Analysis for EURRUB
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
75.5075 75.9465 75.4385 75.6175 +0.1100
Prev. Close Volume Bid Ask Time
75.5075 75.6130 75.6220 2019-01-17 19:57:32
Want to analyze Euro/Russian Ruble EURRUB or another symbol? Try our Free Forex Trend Analysis Report.