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Forex Trend Analysis Report

Prepared for you on Wednesday, April 24, 2024.

/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.

FOREX_RSDGBP
Open High Low RSDGBP Price Change
0.00733579 0.00733704 0.00732984 0.00733628 0.00000000
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 Apr 19th, 2024 at 0.00732840

short term down The short-term trend has been DOWN since Apr 24th, 2024 at 0.00733480

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).

+55
Smart Scan Analysis for RSDGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00733579 0.00733704 0.00732984 0.00733628 0.00000000
Prev. Close Volume Bid Ask Time
0.00733579 2024-04-24 11:33:02
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