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Forex Trend Analysis Report
Prepared for you on Thursday, December 26, 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.
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MarketClub’s Trade Triangles for RSDGBP
The long-term trend has been DOWN since Sep 20th, 2024 at 0.00716563
The intermediate-term trend has been DOWN since Nov 11th, 2024 at 0.00709106
The short-term trend has been UP since Dec 20th, 2024 at 0.00709516
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).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.00708844 | 0.00710062 | 0.00707615 | 0.00710062 | +0.00001200 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.00697407 | 2024-12-24 17:13:34 |