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Forex Trend Analysis Report

Prepared for you on Tuesday, October 26, 2021.

British Pound/Rwandan Franc (FOREX:GBPRWF)

Bull Market Weakness (+75) - GBPRWF is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on GBPRWF as it may be in the beginning stages of a reversal.

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

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

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

FOREX_GBPRWF
Open High Low GBPRWF Price Change
1403.4946 1403.4946 1403.4946 1403.4946 0.0000
Entry Signal

MarketClub’s Trade Triangles for GBPRWF

long term up The long-term trend has been UP since Jul 10th, 2020 at 1206.1367

intermediate term up The intermediate-term trend has been UP since Oct 23rd, 2021 at 1399.4030

short term up The short-term trend has been UP since Oct 15th, 2021 at 1384.7749

Smart Scan Analysis for GBPRWF

Based on our trend formula, GBPRWF is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+70
Smart Scan Analysis for GBPRWF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1403.4946 1403.4946 1403.4946 1403.4946 0.0000
Prev. Close Volume Bid Ask Time
1403.4946 2021-10-23 18:35:19
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