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Forex Trend Analysis Report

Prepared for you on Thursday, March 28, 2024.

/British Pound (FOREX:RSDGBP)

Crossroads (-60) - RSDGBP is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

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

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

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

FOREX_RSDGBP
Open High Low RSDGBP Price Change
0.00731615 0.00731630 0.00729486 0.00729486 -0.00002100
Entry Signal

MarketClub’s Trade Triangles for RSDGBP

long term down The long-term trend has been DOWN since Jan 23rd, 2024 at 0.00729829

intermediate term up The intermediate-term trend has been UP since Mar 1st, 2024 at 0.00731616

short term up The short-term trend has been UP since Mar 12th, 2024 at 0.00729425

Smart Scan Analysis for RSDGBP

Based on our trend formula, RSDGBP is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-60
Smart Scan Analysis for RSDGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00731615 0.00731630 0.00729486 0.00729486 -0.00002100
Prev. Close Volume Bid Ask Time
0.00731615 2024-03-28 08:26:04
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