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Forex Trend Analysis Report
Prepared for you on Wednesday, November 20, 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.
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MarketClub’s Trade Triangles for RUBGBP
The long-term trend has been DOWN since Aug 13th, 2024 at 0.00852805
The intermediate-term trend has been UP since Nov 11th, 2024 at 0.00810652
The short-term trend has been DOWN since Nov 14th, 2024 at 0.00788120
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).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.00790162 | 0.00790570 | 0.00783759 | 0.00785848 | -0.00004300 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.00790162 | 2024-11-20 03:47:21 |