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Forex Trend Analysis Report

Prepared for you on Thursday, December 3, 2020.

Rwandan Franc/British Pound (FOREX:RWFGBP)

Strong Downtrend (-100) - RWFGBP 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 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
0.00075796 0.00075796 0.00075796 0.00075796 0.00000000
Entry Signal

MarketClub’s Trade Triangles for RWFGBP

long term down The long-term trend has been DOWN since Jul 10th, 2020 at 0.00082925

intermediate term down The intermediate-term trend has been DOWN since Oct 4th, 2020 at 0.00079483

short term down The short-term trend has been DOWN since Nov 9th, 2020 at 0.00078111

Smart Scan Analysis for RWFGBP

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

-100
Smart Scan Analysis for RWFGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00075796 0.00075796 0.00075796 0.00075796 0.00000000
Prev. Close Volume Bid Ask Time
0.00075244 2020-12-02 07:11:42
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