Analyze Symbol

Forex Trend Analysis Report

Prepared for you on Thursday, April 26, 2018.

Russian Ruble/South African Rand (FOREX:RUBZAR)

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.

FOREX_RUBZAR
Open High Low RUBZAR Price Change
0.199625 0.200180 0.196775 0.197270 -0.002355
Entry Signal

MarketClub’s Trade Triangles for RUBZAR

long term down The long term trend has been DOWN since Dec 17th, 2017 at 0.222110

intermediate term down The intermediate term trend has been DOWN since Mar 23rd, 2018 at 0.204360

short term up The short term trend has been UP since Apr 16th, 2018 at 0.196545

Smart Scan Analysis for RUBZAR

Based on a pre-defined weighted trend formula for chart analysis, RUBZAR scored -75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-75
Smart Scan Analysis for RUBZAR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.199625 0.200180 0.196775 0.197270 -0.002355
Prev. Close Volume Bid Ask Time
0.199625 0.197240 0.197300 2018-04-26 09:20:02
Want to analyze Russian Ruble/South African Rand RUBZAR or another symbol? Try our Free Forex Trend Analysis Report.