Forex Trend Analysis Report
Prepared for you on Sunday, May 27, 2018.
Russian Ruble/Swedish Krona (FOREX:RUBSEK)
Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down 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 RUBSEK
The long term trend has been DOWN since Apr 9th, 2018 at 0.13865
The intermediate term trend has been UP since May 3rd, 2018 at 0.14015
The short term trend has been DOWN since May 25th, 2018 at 0.14120
Smart Scan Analysis for RUBSEK
Based on a pre-defined weighted trend formula for chart analysis, RUBSEK scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).