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Forex Trend Analysis Report

Prepared for you on Thursday, January 17, 2019.

British Pound/Russian Ruble (FOREX:GBPRUB)

Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very 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.

FOREX_GBPRUB
Open High Low GBPRUB Price Change
85.3940 85.7310 85.2930 85.6635 +0.2695
Entry Signal

MarketClub’s Trade Triangles for GBPRUB

long term down The long term trend has been DOWN since Dec 11th, 2018 at 83.0955

intermediate term up The intermediate term trend has been UP since Dec 20th, 2018 at 86.4895

short term down The short term trend has been DOWN since Jan 15th, 2019 at 85.0565

Smart Scan Analysis for GBPRUB

Based on a pre-defined weighted trend formula for chart analysis, GBPRUB scored -65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-65
Smart Scan Analysis for GBPRUB
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
85.3940 85.7310 85.2930 85.6635 +0.2695
Prev. Close Volume Bid Ask Time
85.3940 85.6340 85.6930 2019-01-17 06:26:42
Want to analyze British Pound/Russian Ruble GBPRUB or another symbol? Try our Free Forex Trend Analysis Report.