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Forex Trend Analysis Report
Prepared for you on Friday, April 26, 2024.
Rwandan Franc/British Pound (FOREX:RWFGBP)
Crossroads (+60) - RWFGBP is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
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.
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MarketClub’s Trade Triangles for RWFGBP
The long-term trend has been DOWN since Nov 15th, 2022 at 0.00079208
The intermediate-term trend has been UP since Apr 2nd, 2024 at 0.00061644
The short-term trend has been UP since Apr 22nd, 2024 at 0.00062478
Smart Scan Analysis for RWFGBP
Based on our trend formula, RWFGBP is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.0006228 | 0.0006228 | 0.0006228 | 0.0006228 | 0.0000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.0006200 | 2024-04-24 21:01:07 |