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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.
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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 Dec 15th, 2024 at 0.00057526
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).
| 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 |