Forex Trend Analysis Report
Prepared for you on Friday, January 28, 2022.
Russian Ruble/British Pound (FOREX:RUBGBP)
Countertrend Down (-85) - RUBGBP is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.
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.
MarketClub’s Trade Triangles for RUBGBP
The long-term trend has been DOWN since Dec 30th, 2021 at 0.00985832
The intermediate-term trend has been DOWN since Nov 16th, 2021 at 0.01012879
The short-term trend has been UP since Jan 27th, 2022 at 0.00959258
Smart Scan Analysis for RUBGBP
Based on our trend formula, RUBGBP is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).