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Forex Trend Analysis Report

Prepared for you on Saturday, October 19, 2019.

Russian Ruble/South Korean Won (FOREX:RUBKRW)

Smart Scan Chart Analysis shows that positive longer term is weakening. The market action could signal the start of a major trend change Weak Uptrend Very 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_RUBKRW
Open High Low RUBKRW Price Change
18.496658 18.520084 18.358858 18.416185 -0.080473
Entry Signal

MarketClub’s Trade Triangles for RUBKRW

long term up The long term trend has been UP since Mar 12th, 2019 at 17.226000

intermediate term up The intermediate term trend has been UP since Sep 15th, 2019 at 18.450000

short term down The short term trend has been DOWN since Oct 17th, 2019 at 18.391982

Smart Scan Analysis for RUBKRW

Based on a pre-defined weighted trend formula for chart analysis, RUBKRW scored +65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+65
Smart Scan Analysis for RUBKRW
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
18.496658 18.520084 18.358858 18.416185 -0.080473
Prev. Close Volume Bid Ask Time
18.496658 18.406128 18.426241 2019-10-17 23:04:58
Want to analyze Russian Ruble/South Korean Won RUBKRW or another symbol? Try our Free Forex Trend Analysis Report.