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Forex Trend Analysis Report

Prepared for you on Monday, May 25, 2020.

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
86.99659 87.32850 86.87810 87.17654 +0.17995
Entry Signal

MarketClub’s Trade Triangles for GBPRUB

long term up The long-term trend has been UP since Oct 16th, 2019 at 82.0275

intermediate term down The intermediate-term trend has been DOWN since Apr 30th, 2020 at 90.7456

short term down The short-term trend has been DOWN since May 5th, 2020 at 92.9714

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
86.99659 87.32850 86.87810 87.17654 +0.17995
Prev. Close Volume Bid Ask Time
86.99659 87.15765 87.19542 2020-05-25 05:28:01
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