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Forex Trend Analysis Report

Prepared for you on Thursday, December 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.

FOREX_RWFGBP
Open High Low RWFGBP Price Change
0.00057371 0.00057371 0.00057371 0.00057371 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 Dec 15th, 2024 at 0.00057526

short term up The short-term trend has been UP since Dec 13th, 2024 at 0.00056684

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).

-60
Smart Scan Analysis for RWFGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00057371 0.00057371 0.00057371 0.00057371 0.00000000
Prev. Close Volume Bid Ask Time
0.00056275 2024-12-21 08:23:56
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