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Forex Trend Analysis Report

Prepared for you on Thursday, February 21, 2019.

Russian Ruble/British Pound (FOREX:RUBGBP)

Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend 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_RUBGBP
Open High Low RUBGBP Price Change
0.011673 0.011718 0.011666 0.011701 +0.000028
Entry Signal

MarketClub’s Trade Triangles for RUBGBP

long term up The long term trend has been UP since Dec 11th, 2018 at 0.012035

intermediate term up The intermediate term trend has been UP since Feb 5th, 2019 at 0.011755

short term up The short term trend has been UP since Feb 21st, 2019 at 0.011716

Smart Scan Analysis for RUBGBP

Based on a pre-defined weighted trend formula for chart analysis, RUBGBP scored +70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+70
Smart Scan Analysis for RUBGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.011673 0.011718 0.011666 0.011701 +0.000028
Prev. Close Volume Bid Ask Time
0.011673 0.011695 0.011707 2019-02-21 14:55:57
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