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Forex Trend Analysis Report

Prepared for you on Saturday, November 28, 2020.

British Pound/Russian Ruble (FOREX:GBPRUB)

Countertrend Up (+85) - GBPRUB is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.

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
101.17706 101.71443 100.91187 101.27851 +0.10145
Entry Signal

MarketClub’s Trade Triangles for GBPRUB

long term up The long-term trend has been UP since Oct 16th, 2019 at 82.02750

intermediate term up The intermediate-term trend has been UP since Oct 28th, 2020 at 102.26027

short term up The short-term trend has been UP since Nov 27th, 2020 at 101.65111

Smart Scan Analysis for GBPRUB

Based on our trend formula, GBPRUB is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+80
Smart Scan Analysis for GBPRUB
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
101.17706 101.71443 100.91187 101.27851 +0.10145
Prev. Close Volume Bid Ask Time
101.17706 2020-11-27 16:59:56
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