Forex Trend Analysis Report
Prepared for you on Saturday, June 23, 2018.
British Pound/Russian Ruble (FOREX:GBPRUB)
Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term positive trend to resume. Uptrend with 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 GBPRUB
The long term trend has been UP since Jun 21st, 2017 at 76.1775
The intermediate term trend has been UP since Jun 12th, 2018 at 84.3625
The short term trend has been DOWN since Jun 20th, 2018 at 83.5745
Smart Scan Analysis for GBPRUB
Based on a pre-defined weighted trend formula for chart analysis, GBPRUB scored +85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).