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Forex Trend Analysis Report

Prepared for you on Tuesday, August 20, 2019.

Russian Ruble/Euro (FOREX:RUBEUR)

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_RUBEUR
Open High Low RUBEUR Price Change
0.013468 0.013568 0.013463 0.013544 +0.000076
Entry Signal

MarketClub’s Trade Triangles for RUBEUR

long term down The long term trend has been DOWN since Aug 5th, 2019 at 0.013558

intermediate term down The intermediate term trend has been DOWN since Aug 2nd, 2019 at 0.013931

short term down The short term trend has been DOWN since Aug 13th, 2019 at 0.013574

Smart Scan Analysis for RUBEUR

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

-100
Smart Scan Analysis for RUBEUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.013468 0.013568 0.013463 0.013544 +0.000076
Prev. Close Volume Bid Ask Time
0.013468 0.013535 0.013553 2019-08-20 14:11:44
Want to analyze Russian Ruble/Euro RUBEUR or another symbol? Try our Free Forex Trend Analysis Report.