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Forex Trend Analysis Report

Prepared for you on Monday, February 17, 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 ?

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
82.75591 82.77743 82.37178 82.67237 -0.08354
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 Jan 27th, 2020 at 81.77556

short term down The short-term trend has been DOWN since Feb 11th, 2020 at 82.00243

Smart Scan Analysis for GBPRUB

Based on our trend formula, GBPRUB is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+85
Smart Scan Analysis for GBPRUB
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
82.75591 82.77743 82.37178 82.67237 -0.08354
Prev. Close Volume Bid Ask Time
82.75591 82.62688 82.71785 2020-02-17 20:39:53
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