Forex Trend Analysis Report
Prepared for you on Saturday, January 19, 2019.
Russian Ruble/South Korean Won (FOREX:RUBKRW)
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 RUBKRW
The long term trend has been DOWN since Apr 2nd, 2018 at 18.376
The intermediate term trend has been UP since Jan 16th, 2019 at 16.839
The short term trend has been UP since Jan 1st, 2019 at 16.135
Smart Scan Analysis for RUBKRW
Based on a pre-defined weighted trend formula for chart analysis, RUBKRW scored +70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).