Forex Trend Analysis Report
Prepared for you on Monday, August 15, 2022.
Russian Ruble/British Pound (FOREX:RUBGBP)
Strong Downtrend (-100) - RUBGBP is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, RUBGBP continues to fall. Traders should use caution and set stops.
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 DOWN since Jul 3rd, 2022 at 0.00874241
The intermediate-term trend has been DOWN since Jul 3rd, 2022 at 0.01386953
The short-term trend has been DOWN since Aug 9th, 2022 at 0.01335823
Smart Scan Analysis for RUBGBP
Based on our trend formula, RUBGBP is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).