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Forex Trend Analysis Report

Prepared for you on Tuesday, September 17, 2019.

Canadian Dollar/Russian Ruble (FOREX:CADRUB)

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_CADRUB
Open High Low CADRUB Price Change
48.2840 48.4745 48.2545 48.4285 +0.1445
Entry Signal

MarketClub’s Trade Triangles for CADRUB

long term up The long term trend has been UP since Aug 2nd, 2019 at 49.0130

intermediate term down The intermediate term trend has been DOWN since Sep 12th, 2019 at 49.1725

short term down The short term trend has been DOWN since Sep 4th, 2019 at 49.9255

Smart Scan Analysis for CADRUB

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

-60
Smart Scan Analysis for CADRUB
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
48.2840 48.4745 48.2545 48.4285 +0.1445
Prev. Close Volume Bid Ask Time
48.284 48.4270 48.4300 2019-09-17 06:41:04
Want to analyze Canadian Dollar/Russian Ruble CADRUB or another symbol? Try our Free Forex Trend Analysis Report.