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Forex Trend Analysis Report

Prepared for you on Wednesday, October 24, 2018.

Russian Ruble/Canadian Dollar (FOREX:RUBCAD)

Smart Scan Chart Analysis shows the current uptrend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Uptrend 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_RUBCAD
Open High Low RUBCAD Price Change
0.019955 0.019972 0.019949 0.019953 -0.000002
Entry Signal

MarketClub’s Trade Triangles for RUBCAD

long term down The long term trend has been DOWN since Apr 9th, 2018 at 0.021455

intermediate term up The intermediate term trend has been UP since Sep 20th, 2018 at 0.019447

short term up The short term trend has been UP since Oct 9th, 2018 at 0.019495

Smart Scan Analysis for RUBCAD

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

+60
Smart Scan Analysis for RUBCAD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.019955 0.019972 0.019949 0.019953 -0.000002
Prev. Close Volume Bid Ask Time
0.019955 0.019951 0.019954 2018-10-24 01:14:15
Want to analyze Russian Ruble/Canadian Dollar RUBCAD or another symbol? Try our Free Forex Trend Analysis Report.