Forex Trend Analysis Report
Prepared for you on Wednesday, July 18, 2018.
Russian Ruble/Polish New Zloty (FOREX:RUBPLN)
Smart Scan Chart Analysis is showing some near term rallying power. However, this market remains in the confines of a longer-term Downtrend 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 RUBPLN
The long term trend has been DOWN since Jan 25th, 2018 at 0.059320
The intermediate term trend has been UP since Jun 27th, 2018 at 0.059465
The short term trend has been DOWN since Jul 16th, 2018 at 0.058891
Smart Scan Analysis for RUBPLN
Based on a pre-defined weighted trend formula for chart analysis, RUBPLN scored -75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).