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Forex Trend Analysis Report

Prepared for you on Friday, April 26, 2024.

British Pound/Russian Ruble (FOREX:GBPRUB)

Weak Downtrend (-65) - GBPRUB is showing signs of a strengthening downtrend. Monitor GBPRUB as it may be building momentum to the downside.

Is it time to buy, sell, or avoid GBPRUB?

MarketClub looks at technical strength and momentum to determine if the timing is right for GBPRUB.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_GBPRUB
Open High Low GBPRUB Price Change
115.25252 115.44958 115.25252 115.44958 +0.19706
Entry Signal

MarketClub’s Trade Triangles for GBPRUB

long term up The long-term trend has been UP since Jan 25th, 2024 at 124.83101

intermediate term down The intermediate-term trend has been DOWN since Apr 25th, 2024 at 115.76769

short term down The short-term trend has been DOWN since Apr 25th, 2024 at 116.27778

Smart Scan Analysis for GBPRUB

Based on our trend formula, GBPRUB is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for GBPRUB
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
115.25252 115.44958 115.25252 115.44958 +0.19706
Prev. Close Volume Bid Ask Time
115.25252 2024-04-25 14:31:47
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