Forex Trend Analysis Report
Prepared for you on Thursday, April 18, 2019.
Australian Dollar/Russian Ruble (FOREX:AUDRUB)
Smart Scan Chart Analysis is showing some near term rallying power. However, this market remains in the confines of a longer-term Downtrend with tight money management 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.
MarketClub’s Trade Triangles for AUDRUB
The long term trend has been DOWN since Feb 8th, 2019 at 46.5280
The intermediate term trend has been UP since Apr 1st, 2019 at 46.8085
The short term trend has been DOWN since Apr 8th, 2019 at 46.2770
Smart Scan Analysis for AUDRUB
Based on a pre-defined weighted trend formula for chart analysis, AUDRUB scored -75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).