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Forex Trend Analysis Report

Prepared for you on Tuesday, December 7, 2021.

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
98.62722 98.86057 97.79642 97.87451 -0.75271
Entry Signal

MarketClub’s Trade Triangles for GBPRUB

long term down The long-term trend has been DOWN since Jun 17th, 2021 at 100.60251

intermediate term up The intermediate-term trend has been UP since Nov 16th, 2021 at 98.72850

short term up The short-term trend has been UP since Dec 6th, 2021 at 98.65951

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
98.62722 98.86057 97.79642 97.87451 -0.75271
Prev. Close Volume Bid Ask Time
98.62722 2021-12-07 23:45:53
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