Analyze Symbol

Forex Trend Analysis Report

Prepared for you on Monday, October 14, 2019.

Euro/Russian Ruble (FOREX:EURRUB)

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.

FOREX_EURRUB
Open High Low EURRUB Price Change
70.7904 70.9343 70.7904 70.9343 +0.1439
Entry Signal

MarketClub’s Trade Triangles for EURRUB

long term down The long term trend has been DOWN since Sep 24th, 2019 at 69.98200

intermediate term down The intermediate term trend has been DOWN since Sep 9th, 2019 at 72.43590

short term down The short term trend has been DOWN since Oct 11th, 2019 at 71.09096

Smart Scan Analysis for EURRUB

Based on a pre-defined weighted trend formula for chart analysis, EURRUB scored -80 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-80
Smart Scan Analysis for EURRUB
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
70.7904 70.9343 70.7904 70.9343 +0.1439
Prev. Close Volume Bid Ask Time
70.8219 70.9298 70.9388 2019-10-13 05:22:50
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