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Forex Trend Analysis Report

Prepared for you on Thursday, December 26, 2024.

British Pound/Russian Ruble (FOREX:GBPRUB)

Crossroads (-60) - GBPRUB is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

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.

FOREX_GBPRUB
Open High Low GBPRUB Price Change
125.38553 125.44636 124.90296 125.01327 -0.37226
Entry Signal

MarketClub’s Trade Triangles for GBPRUB

long term up The long-term trend has been UP since Aug 13th, 2024 at 117.26016

intermediate term down The intermediate-term trend has been DOWN since Dec 8th, 2024 at 125.91397

short term down The short-term trend has been DOWN since Dec 17th, 2024 at 129.49911

Smart Scan Analysis for GBPRUB

Based on our trend formula, GBPRUB is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-60
Smart Scan Analysis for GBPRUB
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
125.38553 125.44636 124.90296 125.01327 -0.37226
Prev. Close Volume Bid Ask Time
125.38553 2024-12-26 19:42:09
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