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Forex Trend Analysis Report

Prepared for you on Monday, October 15, 2018.

Russian Ruble/South African Rand (FOREX:RUBZAR)

Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-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.

Open High Low RUBZAR Price Change
0.21980 0.22051 0.21849 0.21857 -0.00123
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 Oct 3rd, 2018 at 0.22126

short term down The short term trend has been DOWN since Oct 9th, 2018 at 0.22068

Smart Scan Analysis for RUBZAR

Based on a pre-defined weighted trend formula for chart analysis, RUBZAR scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

Smart Scan Analysis for RUBZAR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.21980 0.22051 0.21849 0.21857 -0.00123
Prev. Close Volume Bid Ask Time
0.21980 0.21850 0.21864 2018-10-15 15:05:09
Want to analyze Russian Ruble/South African Rand RUBZAR or another symbol? Try our Free Forex Trend Analysis Report.