Forex Trend Analysis Report
Prepared for you on Thursday, November 23, 2017.
British Pound/Russian Ruble (FOREX:GBPRUB)
Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-trend could be changing and moving into a trading range Sidelines Mode.
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 Oct 31st, 2017 at 76.9555
The short term trend has been DOWN since Nov 19th, 2017 at 77.9105
Smart Scan Analysis for GBPRUB
Based on a pre-defined weighted trend formula for chart analysis, GBPRUB scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).