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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.

FOREX_RUBEUR
Open High Low RUBEUR Price Change
0.01408124 0.01413036 0.01399089 0.01402605 -0.00005500
Entry Signal

MarketClub’s Trade Triangles for RUBEUR

long term up The long term trend has been UP since Sep 24th, 2019 at 0.014293

intermediate term up The intermediate term trend has been UP since Sep 9th, 2019 at 0.013805

short term down 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).

+55
Smart Scan Analysis for RUBEUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.01408124 0.01413036 0.01399089 0.01402605 -0.00005500
Prev. Close Volume Bid Ask Time
0.01408124 0.01402517 0.01402694 2019-10-17 23:07:37
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