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Forex Trend Analysis Report

Prepared for you on Sunday, February 16, 2020.

Russian Ruble/South Korean Won (FOREX:RUBKRW)

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_RUBKRW
Open High Low RUBKRW Price Change
18.629498 18.657119 18.590887 18.628928 -0.000570
Entry Signal

MarketClub’s Trade Triangles for RUBKRW

long term up The long term trend has been UP since Mar 12th, 2019 at 17.226000

intermediate term down The intermediate term trend has been DOWN since Jan 27th, 2020 at 18.767474

short term down The short term trend has been DOWN since Feb 11th, 2020 at 18.466913

Smart Scan Analysis for RUBKRW

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

-60
Smart Scan Analysis for RUBKRW
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
18.629498 18.657119 18.590887 18.628928 -0.000570
Prev. Close Volume Bid Ask Time
18.629498 18.618664 18.639191 2020-02-14 17:01:52
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