Forex Trend Analysis Report
Prepared for you on Thursday, February 25, 2021.
British Pound/Russian Ruble (FOREX:GBPRUB)
Strong Uptrend (+100) - GBPRUB is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, GBPRUB continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
Is it time to buy, sell, or avoid GBPRUB?
MarketClub looks at technical strength and momentum to determine if the timing is right for GBPRUB.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for GBPRUB
The long-term trend has been UP since Oct 16th, 2019 at 82.02750
The intermediate-term trend has been UP since Dec 31st, 2020 at 101.98511
The short-term trend has been UP since Feb 12th, 2021 at 102.50733
Smart Scan Analysis for GBPRUB
Based on our trend formula, GBPRUB is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).