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Forex Trend Analysis Report

Prepared for you on Friday, March 22, 2019.

Russian Ruble/Icelandic Krona (FOREX:RUBISK)

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_RUBISK
Open High Low RUBISK Price Change
1.82545 1.85385 1.82370 1.85230 +0.02685
Entry Signal

MarketClub’s Trade Triangles for RUBISK

long term down The long term trend has been DOWN since Jan 1st, 2019 at 1.66705

intermediate term up The intermediate term trend has been UP since Mar 21st, 2019 at 1.84735

short term up The short term trend has been UP since Mar 21st, 2019 at 1.82725

Smart Scan Analysis for RUBISK

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

+70
Smart Scan Analysis for RUBISK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.82545 1.85385 1.82370 1.85230 +0.02685
Prev. Close Volume Bid Ask Time
1.82545 1.84660 1.85800 2019-03-21 14:30:11
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