Forex Trend Analysis Report
Prepared for you on Sunday, May 27, 2018.
Russian Ruble/Polish New Zloty (FOREX:RUBPLN)
Smart Scan Chart Analysis shows the current uptrend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Uptrend with very tight 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 May 7th, 2018 at 0.056975
The short term trend has been UP since Apr 18th, 2018 at 0.055015
Smart Scan Analysis for RUBPLN
Based on a pre-defined weighted trend formula for chart analysis, RUBPLN scored +60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).