Forex Trend Analysis Report
Prepared for you on Friday, May 26, 2017.
Russian Ruble/Australian Dollar (FOREX:RUBAUD)
Smart Scan Chart Analysis continues positive longer term. Look for this market to remain firm. 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 RUBAUD
The long term trend has been UP since Oct 6th, 2016 at 0.021225
The intermediate term trend has been UP since May 15th, 2017 at 0.023920
The short term trend has been UP since May 22nd, 2017 at 0.023715
Smart Scan Analysis for RUBAUD
Based on a pre-defined weighted trend formula for chart analysis, RUBAUD scored +90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).