Forex Trend Analysis Report
Prepared for you on Sunday, February 16, 2020.
South Korean Won/Russian Ruble (FOREX:KRWRUB)
Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down 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 KRWRUB
The long term trend has been DOWN since Mar 12th, 2019 at 0.05805100
The intermediate term trend has been UP since Jan 27th, 2020 at 0.05333098
The short term trend has been DOWN since Feb 11th, 2020 at 0.05359565
Smart Scan Analysis for KRWRUB
Based on a pre-defined weighted trend formula for chart analysis, KRWRUB scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).