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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.
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MarketClub’s Trade Triangles for GBPRUB
The long-term trend has been UP since Aug 13th, 2024 at 117.26016
The intermediate-term trend has been DOWN since Dec 8th, 2024 at 125.91397
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).
| 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 |