Forex Trend Analysis Report
Prepared for you on Thursday, March 30, 2023.
/British Pound (FOREX:RSDGBP)
Sidelines Mode (+55) - RSDGBP is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement 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.
MarketClub’s Trade Triangles for RSDGBP
The long-term trend has been UP since Feb 1st, 2023 at 0.00758273
The intermediate-term trend has been DOWN since Mar 15th, 2023 at 0.00746215
The short-term trend has been UP since Mar 30th, 2023 at 0.00751541
Smart Scan Analysis for RSDGBP
Based on our trend formula, RSDGBP is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).