Forex Trend Analysis Report
Prepared for you on Tuesday, September 26, 2023.
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.
MarketClub’s Trade Triangles for RUBGBP
The long-term trend has been DOWN since Dec 1st, 2022 at 0.01335986
The intermediate-term trend has been UP since Sep 11th, 2023 at 0.00848074
The short-term trend has been UP since Sep 7th, 2023 at 0.00824823
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).