Forex Trend Analysis Report
Prepared for you on Wednesday, March 29, 2017.
Russian Ruble/Australian Dollar (FOREX:RUBAUD)
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.
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 Mar 23rd, 2017 at 0.022735
The short term trend has been DOWN since Mar 29th, 2017 at 0.022890
Smart Scan Analysis for RUBAUD
Based on a pre-defined weighted trend formula for chart analysis, RUBAUD scored +85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).