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Forex Trend Analysis Report

Prepared for you on Wednesday, August 15, 2018.

US Dollar/Russian Ruble (FOREX:USDRUB)

Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term positive trend to resume. Uptrend with 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_USDRUB
Open High Low USDRUB Price Change
66.5376 66.7263 66.5376 66.6710 +0.1334
Entry Signal

MarketClub’s Trade Triangles for USDRUB

long term up The long term trend has been UP since Apr 9th, 2018 at 58.75285

intermediate term up The intermediate term trend has been UP since Jul 19th, 2018 at 63.68720

short term down The short term trend has been DOWN since Aug 14th, 2018 at 66.53300

Smart Scan Analysis for USDRUB

Based on a pre-defined weighted trend formula for chart analysis, USDRUB scored +85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+85
Smart Scan Analysis for USDRUB
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
66.5376 66.7263 66.5376 66.6710 +0.1334
Prev. Close Volume Bid Ask Time
66.5376 66.6360 66.7060 2018-08-15 03:15:07
Want to analyze US Dollar/Russian Ruble USDRUB or another symbol? Try our Free Forex Trend Analysis Report.