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Forex Trend Analysis Report

Prepared for you on Monday, March 20, 2023.

Rwandan Franc/British Pound (FOREX:RWFGBP)

Bear Market Rally (-75) - RWFGBP is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on RWFGBP as it may be in the beginning of a reversal.

Is it time to buy, sell, or avoid RWFGBP?

MarketClub looks at technical strength and momentum to determine if the timing is right for RWFGBP.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_RWFGBP
Open High Low RWFGBP Price Change
0.00075311 0.00075311 0.00075311 0.00075311 0.00000000
Entry Signal

MarketClub’s Trade Triangles for RWFGBP

long term down The long-term trend has been DOWN since Nov 15th, 2022 at 0.00079208

intermediate term up The intermediate-term trend has been UP since Feb 17th, 2023 at 0.00076167

short term down The short-term trend has been DOWN since Mar 15th, 2023 at 0.00076503

Smart Scan Analysis for RWFGBP

Based on our trend formula, RWFGBP is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-75
Smart Scan Analysis for RWFGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00075311 0.00075311 0.00075311 0.00075311 0.00000000
Prev. Close Volume Bid Ask Time
0.00075311 2023-03-18 03:55:54
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