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Forex Trend Analysis Report

Prepared for you on Thursday, May 23, 2019.

Swiss Franc/Russian Ruble (FOREX:CHFRUB)

Smart Scan Chart Analysis shows the current uptrend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Uptrend 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_CHFRUB
Open High Low CHFRUB Price Change
63.8650 64.7315 63.8240 64.6550 +0.7900
Entry Signal

MarketClub’s Trade Triangles for CHFRUB

long term down The long term trend has been DOWN since Feb 10th, 2019 at 65.1980

intermediate term up The intermediate term trend has been UP since May 5th, 2019 at 64.3660

short term up The short term trend has been UP since May 23rd, 2019 at 64.0685

Smart Scan Analysis for CHFRUB

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

+60
Smart Scan Analysis for CHFRUB
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
63.8650 64.7315 63.8240 64.6550 +0.7900
Prev. Close Volume Bid Ask Time
63.8650 64.6420 64.6680 2019-05-23 19:14:57
Want to analyze Swiss Franc/Russian Ruble CHFRUB or another symbol? Try our Free Forex Trend Analysis Report.