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Forex Trend Analysis Report

Prepared for you on Thursday, August 18, 2022.

British Pound/Russian Ruble (FOREX:GBPRUB)

Strong Downtrend (-100) - GBPRUB is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, GBPRUB continues to fall. Traders should use caution and set stops.

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
72.53746 73.30145 71.62314 71.62659 -0.91087
Entry Signal

MarketClub’s Trade Triangles for GBPRUB

long term down The long-term trend has been DOWN since Apr 8th, 2022 at 100.20615

intermediate term down The intermediate-term trend has been DOWN since Jun 13th, 2022 at 69.96216

short term down The short-term trend has been DOWN since Aug 16th, 2022 at 73.39310

Smart Scan Analysis for GBPRUB

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

-100
Smart Scan Analysis for GBPRUB
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
72.53746 73.30145 71.62314 71.62659 -0.91087
Prev. Close Volume Bid Ask Time
72.53746 2022-08-18 07:07:05
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