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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.

FOREX_RUBZAR
Open High Low RUBZAR Price Change
0.230500 0.234320 0.230425 0.233205 +0.002705
Entry Signal

MarketClub’s Trade Triangles for RUBZAR

long term up The long term trend has been UP since Mar 7th, 2019 at 0.218235

intermediate term up The intermediate term trend has been UP since Sep 20th, 2019 at 0.234205

short term up 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).

+90
Smart Scan Analysis for RUBZAR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.230500 0.234320 0.230425 0.233205 +0.002705
Prev. Close Volume Bid Ask Time
0.230500 0.232820 0.233590 2019-09-20 17:44:24
Want to analyze Russian Ruble/South African Rand RUBZAR or another symbol? Try our Free Forex Trend Analysis Report.