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Forex Trend Analysis Report

Prepared for you on Wednesday, March 20, 2019.

Euro/Russian Ruble (FOREX:EURRUB)

Smart Scan Chart Analysis confirms that a strong downtrend is in place and that the market remains negative longer term. Strong Downtrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.

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_EURRUB
Open High Low EURRUB Price Change
73.0395 73.0455 72.8075 72.9105 -0.1290
Entry Signal

MarketClub’s Trade Triangles for EURRUB

long term down The long term trend has been DOWN since Feb 8th, 2019 at 74.2295

intermediate term down The intermediate term trend has been DOWN since Jan 15th, 2019 at 76.3575

short term down The short term trend has been DOWN since Mar 4th, 2019 at 74.7185

Smart Scan Analysis for EURRUB

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

-100
Smart Scan Analysis for EURRUB
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
73.0395 73.0455 72.8075 72.9105 -0.1290
Prev. Close Volume Bid Ask Time
73.0395 72.9060 72.9150 2019-03-20 02:59:21
Want to analyze Euro/Russian Ruble EURRUB or another symbol? Try our Free Forex Trend Analysis Report.