Analyze Symbol

Forex Trend Analysis Report

Prepared for you on Friday, May 24, 2019.

Russian Ruble/South African Rand (FOREX:RUBZAR)

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_RUBZAR
Open High Low RUBZAR Price Change
0.223570 0.223975 0.222815 0.223420 -0.000150
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 May 20th, 2019 at 0.223295

short term up The short term trend has been UP since May 15th, 2019 at 0.219895

Smart Scan Analysis for RUBZAR

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

+100
Smart Scan Analysis for RUBZAR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.223570 0.223975 0.222815 0.223420 -0.000150
Prev. Close Volume Bid Ask Time
0.223570 0.223350 0.223490 2019-05-24 18:19:16
Want to analyze Russian Ruble/South African Rand RUBZAR or another symbol? Try our Free Forex Trend Analysis Report.