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Forex Trend Analysis Report

Prepared for you on Monday, June 24, 2019.

Russian Ruble/Mexican Peso (FOREX:RUBMXN)

Smart Scan Chart Analysis confirms that a strong uptrend is in place and that the market remains positive longer term. Strong Uptrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.

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
0.303330 0.304570 0.302485 0.304090 +0.000760
Entry Signal

MarketClub’s Trade Triangles for RUBMXN

long term up The long term trend has been UP since May 30th, 2019 at 0.300250

intermediate term up The intermediate term trend has been UP since May 30th, 2019 at 0.297375

short term up The short term trend has been UP since Jun 14th, 2019 at 0.297580

Smart Scan Analysis for RUBMXN

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

+100
Smart Scan Analysis for RUBMXN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.303330 0.304570 0.302485 0.304090 +0.000760
Prev. Close Volume Bid Ask Time
0.303330 0.304020 0.304160 2019-06-24 09:55:20
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