Forex Trend Analysis Report
Prepared for you on Friday, January 19, 2018.
Russian Ruble/Japanese Yen (FOREX:RUBJPY)
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 RUBJPY
The long term trend has been UP since Oct 1st, 2017 at 1.95890
The intermediate term trend has been UP since Dec 10th, 2017 at 1.92725
The short term trend has been DOWN since Jan 9th, 2018 at 1.97155
Smart Scan Analysis for RUBJPY
Based on a pre-defined weighted trend formula for chart analysis, RUBJPY scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).