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Forex Trend Analysis Report

Prepared for you on Thursday, December 26, 2024.

Russian Ruble/British Pound (FOREX:RUBGBP)

Crossroads (+60) - RUBGBP 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 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
0.00797540 0.00800622 0.00797154 0.00799457 +0.00001900
Entry Signal

MarketClub’s Trade Triangles for RUBGBP

long term down The long-term trend has been DOWN since Aug 13th, 2024 at 0.00852805

intermediate term up The intermediate-term trend has been UP since Dec 8th, 2024 at 0.00794193

short term up The short-term trend has been UP since Dec 20th, 2024 at 0.00775604

Smart Scan Analysis for RUBGBP

Based on our trend formula, RUBGBP is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+60
Smart Scan Analysis for RUBGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00797540 0.00800622 0.00797154 0.00799457 +0.00001900
Prev. Close Volume Bid Ask Time
0.00797540 2024-12-26 22:47:07
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