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Forex Trend Analysis Report

Prepared for you on Saturday, April 4, 2020.

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
0.01044645 0.01065818 0.01036194 0.01061907 +0.00017300
Entry Signal

MarketClub’s Trade Triangles for RUBGBP

long term down The long-term trend has been DOWN since Oct 16th, 2019 at 0.01219100

intermediate term down The intermediate-term trend has been DOWN since Jan 27th, 2020 at 0.01222766

short term up The short-term trend has been UP since Apr 2nd, 2020 at 0.01037971

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
0.01044645 0.01065818 0.01036194 0.01061907 +0.00017300
Prev. Close Volume Bid Ask Time
0.01044645 0.01056926 0.01066888 2020-04-03 17:16:28
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