Forex Trend Analysis Report
Prepared for you on Thursday, January 23, 2020.
Russian Ruble/Swiss Franc (FOREX:RUBCHF)
Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-trend could be changing and moving into a trading range Sidelines Mode.
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 RUBCHF
The long term trend has been UP since Nov 7th, 2019 at 0.01570200
The intermediate term trend has been UP since Dec 12th, 2019 at 0.01564610
The short term trend has been DOWN since Jan 14th, 2020 at 0.01579253
Smart Scan Analysis for RUBCHF
Based on a pre-defined weighted trend formula for chart analysis, RUBCHF scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).