Forex Trend Analysis Report
Prepared for you on Thursday, June 21, 2018.
Russian Ruble/Canadian Dollar (FOREX:RUBCAD)
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.
MarketClub’s Trade Triangles for RUBCAD
The long term trend has been DOWN since Apr 9th, 2018 at 0.021455
The intermediate term trend has been UP since May 21st, 2018 at 0.020795
The short term trend has been DOWN since Jun 18th, 2018 at 0.020715
Smart Scan Analysis for RUBCAD
Based on a pre-defined weighted trend formula for chart analysis, RUBCAD scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).