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Forex Trend Analysis Report

Prepared for you on Friday, November 22, 2024.

Russian Ruble/British Pound (FOREX:RUBGBP)

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

FOREX_RUBGBP
Open High Low RUBGBP Price Change
0.00784394 0.00786285 0.00768337 0.00774835 -0.00009600
Entry Signal

MarketClub’s Trade Triangles for RUBGBP

long term down The long-term trend has been DOWN since Aug 13th, 2024 at 0.00852805

intermediate term down The intermediate-term trend has been DOWN since Nov 22nd, 2024 at 0.00773944

short term down The short-term trend has been DOWN since Nov 14th, 2024 at 0.00788120

Smart Scan Analysis for RUBGBP

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

-100
Smart Scan Analysis for RUBGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00784394 0.00786285 0.00768337 0.00774835 -0.00009600
Prev. Close Volume Bid Ask Time
0.00784394 2024-11-22 09:45:54
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