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Forex Trend Analysis Report

Prepared for you on Sunday, January 19, 2020.

Russian Ruble/South African Rand (FOREX:RUBZAR)

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.

FOREX_RUBZAR
Open High Low RUBZAR Price Change
0.23370961 0.23545956 0.23322466 0.23499682 +0.00128700
Entry Signal

MarketClub’s Trade Triangles for RUBZAR

long term down The long term trend has been DOWN since Jan 1st, 2020 at 0.22480597

intermediate term up The intermediate term trend has been UP since Jan 7th, 2020 at 0.23168245

short term down The short term trend has been DOWN since Jan 16th, 2020 at 0.23398570

Smart Scan Analysis for RUBZAR

Based on a pre-defined weighted trend formula for chart analysis, RUBZAR scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+55
Smart Scan Analysis for RUBZAR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.23370961 0.23545956 0.23322466 0.23499682 +0.00128700
Prev. Close Volume Bid Ask Time
0.23370961 0.23492872 0.23506491 2020-01-17 17:14:40
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