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Forex Trend Analysis Report

Prepared for you on Friday, December 4, 2020.

Russian Ruble/British Pound (FOREX:RUBGBP)

Crossroads (+60) - RUBGBP is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid RUBGBP?

MarketClub looks at technical strength and momentum to determine if the timing is right for RUBGBP.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_RUBGBP
Open High Low RUBGBP Price Change
0.00998824 0.01006719 0.00995423 0.01004081 +0.00005300
Entry Signal

MarketClub’s Trade Triangles for RUBGBP

long term down The long-term trend has been DOWN since Oct 16th, 2019 at 0.01219100

intermediate term up The intermediate-term trend has been UP since Dec 4th, 2020 at 0.01002495

short term up The short-term trend has been UP since Dec 2nd, 2020 at 0.00990528

Smart Scan Analysis for RUBGBP

Based on our trend formula, RUBGBP is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+60
Smart Scan Analysis for RUBGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00998824 0.01006719 0.00995423 0.01004081 +0.00005300
Prev. Close Volume Bid Ask Time
0.00998824 2020-12-04 16:57:36
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