Forex Trend Analysis Report
Prepared for you on Friday, February 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.
MarketClub’s Trade Triangles for GBPRWF
The long-term trend has been UP since Jul 10th, 2020 at 1206.1367
The intermediate-term trend has been UP since Oct 4th, 2020 at 1258.3474
The short-term trend has been UP since Feb 1st, 2021 at 1358.0308
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).