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Forex Trend Analysis Report

Prepared for you on Saturday, December 7, 2019.

Russian Ruble/Mexican Peso (FOREX:RUBMXN)

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_RUBMXN
Open High Low RUBMXN Price Change
0.30368975 0.30412437 0.30236657 0.30329693 -0.00039300
Entry Signal

MarketClub’s Trade Triangles for RUBMXN

long term up The long term trend has been UP since May 30th, 2019 at 0.30025000

intermediate term up The intermediate term trend has been UP since Nov 4th, 2019 at 0.30253800

short term down The short term trend has been DOWN since Dec 6th, 2019 at 0.30333729

Smart Scan Analysis for RUBMXN

Based on a pre-defined weighted trend formula for chart analysis, RUBMXN scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+55
Smart Scan Analysis for RUBMXN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.30368975 0.30412437 0.30236657 0.30329693 -0.00039300
Prev. Close Volume Bid Ask Time
0.30368975 0.30319041 0.30340345 2019-12-06 16:59:58
Want to analyze Russian Ruble/Mexican Peso RUBMXN or another symbol? Try our Free Forex Trend Analysis Report.