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Forex Trend Analysis Report

Prepared for you on Wednesday, February 24, 2021.

/British Pound (FOREX:RSDGBP)

Strong Downtrend (-100) - RSDGBP is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.

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
0.00732067 0.00732067 0.00732067 0.00732067 0.00000000
Entry Signal

MarketClub’s Trade Triangles for RSDGBP

long term down The long-term trend has been DOWN since Sep 20th, 2019 at 0.00748700

intermediate term down The intermediate-term trend has been DOWN since Oct 14th, 2019 at 0.00747500

short term down The short-term trend has been DOWN since Feb 10th, 2021 at 0.00745456

Smart Scan Analysis for RSDGBP

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

-100
Smart Scan Analysis for RSDGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00732067 0.00732067 0.00732067 0.00732067 0.00000000
Prev. Close Volume Bid Ask Time
0.00732067 2021-02-24 07:23:14
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