Forex Trend Analysis Report
Prepared for you on Wednesday, June 29, 2022.
/British Pound (FOREX:RSDGBP)
Strong Uptrend (+100) - RSDGBP is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, RSDGBP continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
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 May 5th, 2022 at 0.00723141
The intermediate-term trend has been UP since Apr 25th, 2022 at 0.00715367
The short-term trend has been UP since Jun 28th, 2022 at 0.00735081
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).