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Forex Trend Analysis Report

Prepared for you on Thursday, May 24, 2018.

US Dollar/Russian Ruble (FOREX:USDRUB)

Smart Scan Chart Analysis shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend with very tight 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
61.3981 61.6667 61.2930 61.5775 +0.1794
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 down The intermediate term trend has been DOWN since May 22nd, 2018 at 61.45905

short term down The short term trend has been DOWN since May 21st, 2018 at 61.70620

Smart Scan Analysis for USDRUB

Based on a pre-defined weighted trend formula for chart analysis, USDRUB scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-60
Smart Scan Analysis for USDRUB
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
61.3981 61.6667 61.2930 61.5775 +0.1794
Prev. Close Volume Bid Ask Time
61.3981 61.5425 61.6125 2018-05-24 23:14:31
Want to analyze US Dollar/Russian Ruble USDRUB or another symbol? Try our Free Forex Trend Analysis Report.