Forex Trend Analysis Report
Prepared for you on Wednesday, June 20, 2018.
Russian Ruble/Icelandic Krona (FOREX:RUBISK)
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 RUBISK
The long term trend has been DOWN since Nov 15th, 2017 at 1.71130
The intermediate term trend has been UP since May 10th, 2018 at 1.64330
The short term trend has been DOWN since Jun 19th, 2018 at 1.69625
Smart Scan Analysis for RUBISK
Based on a pre-defined weighted trend formula for chart analysis, RUBISK scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).