Forex Trend Analysis Report
Prepared for you on Sunday, October 21, 2018.
US Dollar/Russian Ruble (FOREX:USDRUB)
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.
MarketClub’s Trade Triangles for USDRUB
The long term trend has been UP since Apr 9th, 2018 at 58.75285
The intermediate term trend has been DOWN since Sep 19th, 2018 at 66.99400
The short term trend has been UP since Oct 19th, 2018 at 65.88130
Smart Scan Analysis for USDRUB
Based on a pre-defined weighted trend formula for chart analysis, USDRUB scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).