Forex Trend Analysis Report
Prepared for you on Sunday, June 16, 2019.
US Dollar/Russian Ruble (FOREX:USDRUB)
Smart Scan Chart Analysis is showing some near term rallying power. However, this market remains in the confines of a longer-term Downtrend with tight money management stops.
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 USDRUB
The long term trend has been DOWN since Feb 25th, 2019 at 65.2270
The intermediate term trend has been UP since Jun 2nd, 2019 at 65.6505
The short term trend has been DOWN since Jun 4th, 2019 at 65.0200
Smart Scan Analysis for USDRUB
Based on a pre-defined weighted trend formula for chart analysis, USDRUB scored -75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).