Forex Trend Analysis Report
Prepared for you on Monday, October 25, 2021.
Russian Ruble/British Pound (FOREX:RUBGBP)
Long-Term Uptrend (+90) - RUBGBP is in a strong uptrend that is likely to continue. While RUBGBP is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
Is it time to buy, sell, or avoid RUBGBP?
MarketClub looks at technical strength and momentum to determine if the timing is right for RUBGBP.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for RUBGBP
The long-term trend has been UP since Jun 17th, 2021 at 0.00993942
The intermediate-term trend has been UP since Aug 17th, 2021 at 0.00990255
The short-term trend has been UP since Oct 22nd, 2021 at 0.01024766
Smart Scan Analysis for RUBGBP
Based on our trend formula, RUBGBP is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).