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Forex Trend Analysis Report

Prepared for you on Wednesday, October 17, 2018.

Russian Ruble/Icelandic Krona (FOREX:RUBISK)

Smart Scan Chart Analysis confirms that a strong uptrend is in place and that the market remains positive longer term. Strong Uptrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.

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_RUBISK
Open High Low RUBISK Price Change
1.77575 1.80830 1.77115 1.80275 +0.02700
Entry Signal

MarketClub’s Trade Triangles for RUBISK

long term up The long term trend has been UP since Oct 3rd, 2018 at 1.73380

intermediate term up The intermediate term trend has been UP since Sep 11th, 2018 at 1.61780

short term up The short term trend has been UP since Sep 19th, 2018 at 1.63385

Smart Scan Analysis for RUBISK

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

+100
Smart Scan Analysis for RUBISK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.77575 1.80830 1.77115 1.80275 +0.02700
Prev. Close Volume Bid Ask Time
1.77575 1.79720 1.80830 2018-10-16 14:34:06
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