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Forex Trend Analysis Report

Prepared for you on Sunday, July 15, 2018.

Russian Ruble/South African Rand (FOREX:RUBZAR)

Smart Scan Chart Analysis shows that positive longer term is weakening. The market action could signal the start of a major trend change Weak Uptrend Very 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
0.212350 0.212595 0.212315 0.212395 +0.000045
Entry Signal

MarketClub’s Trade Triangles for RUBZAR

long term up The long term trend has been UP since Jun 8th, 2018 at 0.21124

intermediate term up The intermediate term trend has been UP since May 15th, 2018 at 0.20201

short term down The short term trend has been DOWN since Jul 13th, 2018 at 0.21272

Smart Scan Analysis for RUBZAR

Based on a pre-defined weighted trend formula for chart analysis, RUBZAR scored +65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+65
Smart Scan Analysis for RUBZAR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.212350 0.212595 0.212315 0.212395 +0.000045
Prev. Close Volume Bid Ask Time
0.212350 0.211880 0.212910 2018-07-15 15:42:10
Want to analyze Russian Ruble/South African Rand RUBZAR or another symbol? Try our Free Forex Trend Analysis Report.