Forex Trend Analysis Report
Prepared for you on Saturday, September 21, 2019.
Russian Ruble/South African Rand (FOREX:RUBZAR)
Smart Scan Chart Analysis continues positive longer term. Look for this market to remain firm. 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.
MarketClub’s Trade Triangles for RUBZAR
The long term trend has been UP since Mar 7th, 2019 at 0.218235
The intermediate term trend has been UP since Sep 20th, 2019 at 0.234205
The short term trend has been UP since Sep 13th, 2019 at 0.225760
Smart Scan Analysis for RUBZAR
Based on a pre-defined weighted trend formula for chart analysis, RUBZAR scored +90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).