Forex Trend Analysis Report
Prepared for you on Friday, October 18, 2019.
Russian Ruble/Euro (FOREX:RUBEUR)
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 RUBEUR
The long term trend has been UP since Sep 24th, 2019 at 0.014293
The intermediate term trend has been UP since Sep 9th, 2019 at 0.013805
The short term trend has been DOWN since Oct 16th, 2019 at 0.014078
Smart Scan Analysis for RUBEUR
Based on a pre-defined weighted trend formula for chart analysis, RUBEUR scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).