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Forex Trend Analysis Report

Prepared for you on Wednesday, December 12, 2018.

Russian Ruble/Polish New Zloty (FOREX:RUBPLN)

Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term negative trend to resume. Downtrend with 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.

FOREX_RUBPLN
Open High Low RUBPLN Price Change
0.057142 0.057239 0.056717 0.056806 -0.000336
Entry Signal

MarketClub’s Trade Triangles for RUBPLN

long term down The long term trend has been DOWN since Jan 25th, 2018 at 0.059320

intermediate term down The intermediate term trend has been DOWN since Nov 9th, 2018 at 0.056116

short term up The short term trend has been UP since Dec 7th, 2018 at 0.056822

Smart Scan Analysis for RUBPLN

Based on a pre-defined weighted trend formula for chart analysis, RUBPLN scored -85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-85
Smart Scan Analysis for RUBPLN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.057142 0.057239 0.056717 0.056806 -0.000336
Prev. Close Volume Bid Ask Time
0.057142 0.056802 0.056809 2018-12-12 20:47:23
Want to analyze Russian Ruble/Polish New Zloty RUBPLN or another symbol? Try our Free Forex Trend Analysis Report.