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Forex Trend Analysis Report

Prepared for you on Saturday, December 21, 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
129.41292 129.41292 129.36660 129.36660 -0.04632
Entry Signal

MarketClub’s Trade Triangles for GBPRUB

long term up The long-term trend has been UP since Aug 13th, 2024 at 117.26016

intermediate term down The intermediate-term trend has been DOWN since Dec 8th, 2024 at 125.91397

short term down The short-term trend has been DOWN since Dec 17th, 2024 at 129.49911

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
129.41292 129.41292 129.36660 129.36660 -0.04632
Prev. Close Volume Bid Ask Time
129.41292 2024-12-21 07:45:09
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