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Forex Trend Analysis Report

Prepared for you on Thursday, April 18, 2024.

British Pound/Russian Ruble (FOREX:GBPRUB)

Weak Uptrend (+65) - GBPRUB is showing signs of weakening momentum to the upside. Monitor GBPRUB as it may be in the beginning stages of a reversal.

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
117.05103 117.05103 117.05103 117.05103 0.00000
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 up The intermediate-term trend has been UP since Apr 9th, 2024 at 117.48999

short term down The short-term trend has been DOWN since Apr 10th, 2024 at 116.93971

Smart Scan Analysis for GBPRUB

Based on our trend formula, GBPRUB is rated as a +65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+65
Smart Scan Analysis for GBPRUB
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
117.05103 117.05103 117.05103 117.05103 0.00000
Prev. Close Volume Bid Ask Time
117.05103 2024-04-16 17:23:16
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