Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Tuesday, April 20, 2021.

Russian Ruble/British Pound (FOREX:RUBGBP)

Long-Term Downtrend (-90) - RUBGBP is in a strong downtrend that is likely to continue. While RUBGBP is showing intraday strength, it remains in the confines of a bearish trend. 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
0.00934852 0.00941383 0.00928392 0.00933618 -0.00001200
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 down The intermediate-term trend has been DOWN since Mar 23rd, 2021 at 0.00958936

short term down The short-term trend has been DOWN since Apr 19th, 2021 at 0.00936124

Smart Scan Analysis for RUBGBP

Based on our trend formula, RUBGBP is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for RUBGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00934852 0.00941383 0.00928392 0.00933618 -0.00001200
Prev. Close Volume Bid Ask Time
0.00934852 2021-04-20 19:09:13
Get a free daily analysis and signals for Russian Ruble/British Pound (RUBGBP) - Request Your Free Report.