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Forex Trend Analysis Report

Prepared for you on Monday, April 15, 2024.

Russian Ruble/British Pound (FOREX:RUBGBP)

Bear Market Rally (-75) - RUBGBP is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on RUBGBP as it may be in the beginning of a reversal.

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.

FOREX_RUBGBP
Open High Low RUBGBP Price Change
0.00860756 0.00860756 0.00860756 0.00860756 0.00000000
Entry Signal

MarketClub’s Trade Triangles for RUBGBP

long term down The long-term trend has been DOWN since Jan 25th, 2024 at 0.00801083

intermediate term down The intermediate-term trend has been DOWN since Apr 9th, 2024 at 0.00851137

short term up The short-term trend has been UP since Apr 10th, 2024 at 0.00855142

Smart Scan Analysis for RUBGBP

Based on our trend formula, RUBGBP is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-75
Smart Scan Analysis for RUBGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00860756 0.00860756 0.00860756 0.00860756 0.00000000
Prev. Close Volume Bid Ask Time
0.00860756 2024-04-12 16:23:13
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