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Forex Trend Analysis Report

Prepared for you on Saturday, April 1, 2023.

British Pound/Rwandan Franc (FOREX:GBPRWF)

Countertrend Up (+85) - GBPRWF is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.

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
1375.1096 1375.2192 1375.1096 1375.2192 +0.1096
Entry Signal

MarketClub’s Trade Triangles for GBPRWF

long term up The long-term trend has been UP since Nov 15th, 2022 at 1262.7518

intermediate term up The intermediate-term trend has been UP since Mar 28th, 2023 at 1328.2494

short term up The short-term trend has been UP since Mar 15th, 2023 at 1307.3532

Smart Scan Analysis for GBPRWF

Based on our trend formula, GBPRWF is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+80
Smart Scan Analysis for GBPRWF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1375.1096 1375.2192 1375.1096 1375.2192 +0.1096
Prev. Close Volume Bid Ask Time
1374.4871 2023-03-28 13:24:49
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