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Forex Trend Analysis Report

Prepared for you on Wednesday, November 20, 2024.

/British Pound (FOREX:RSDGBP)

Weak Downtrend (-65) - RSDGBP is showing signs of a strengthening downtrend. Monitor RSDGBP as it may be building momentum to the downside.

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
0.00713612 0.00713719 0.00713435 0.00713523 -0.00000100
Entry Signal

MarketClub’s Trade Triangles for RSDGBP

long term down The long-term trend has been DOWN since Sep 20th, 2024 at 0.00716563

intermediate term down The intermediate-term trend has been DOWN since Nov 11th, 2024 at 0.00709106

short term up The short-term trend has been UP since Nov 12th, 2024 at 0.00712374

Smart Scan Analysis for RSDGBP

Based on our trend formula, RSDGBP is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-65
Smart Scan Analysis for RSDGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00713612 0.00713719 0.00713435 0.00713523 -0.00000100
Prev. Close Volume Bid Ask Time
0.00713612 2024-11-20 01:51:24
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