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Forex Trend Analysis Report
Prepared for you on Thursday, May 9, 2024.
Russian Ruble/British Pound (FOREX:RUBGBP)
Bull Market Weakness (+75) - RUBGBP is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on RUBGBP as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid RUBGBP?
MarketClub looks at technical strength and momentum to determine if the timing is right for RUBGBP.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for RUBGBP
The long-term trend has been UP since May 6th, 2024 at 0.00874605
The intermediate-term trend has been UP since Apr 25th, 2024 at 0.00863799
The short-term trend has been UP since Apr 25th, 2024 at 0.00860057
Smart Scan Analysis for RUBGBP
Based on our trend formula, RUBGBP is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.00876290 | 0.00876290 | 0.00873349 | 0.00873349 | -0.00002900 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.00876290 | 2024-05-08 16:10:54 |