Forex Trend Analysis Report
Prepared for you on Thursday, January 17, 2019.
Russian Ruble/Icelandic Krona (FOREX:RUBISK)
Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with tight 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 RUBISK
The long term trend has been DOWN since Jan 1st, 2019 at 1.66705
The intermediate term trend has been UP since Jan 14th, 2019 at 1.80065
The short term trend has been UP since Jan 2nd, 2019 at 1.68125
Smart Scan Analysis for RUBISK
Based on a pre-defined weighted trend formula for chart analysis, RUBISK scored +70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).