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Forex Trend Analysis Report

Prepared for you on Monday, April 6, 2020.

Rwandan Franc/British Pound (FOREX:RWFGBP)

Sidelines Mode (+55) - RWFGBP 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 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
0.00084780 0.00084780 0.00084780 0.00084780 0.00000000
Entry Signal

MarketClub’s Trade Triangles for RWFGBP

long term up The long-term trend has been UP since Mar 12th, 2020 at 0.00083169

intermediate term up The intermediate-term trend has been UP since Mar 12th, 2020 at 0.00082023

short term down The short-term trend has been DOWN since Mar 29th, 2020 at 0.00087724

Smart Scan Analysis for RWFGBP

Based on our trend formula, RWFGBP is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for RWFGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00084780 0.00084780 0.00084780 0.00084780 0.00000000
Prev. Close Volume Bid Ask Time
0.00084443 0.00083560 0.00086001 2020-04-01 07:17:56
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