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Forex Trend Analysis Report

Prepared for you on Tuesday, March 9, 2021.

Rwandan Franc/British Pound (FOREX:RWFGBP)

Sidelines Mode (+50) - RWFGBP is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until RWFGBP can gain momentum.

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
0.0007273 0.0007273 0.0007273 0.0007273 0.0000000
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 up The intermediate-term trend has been UP since Mar 7th, 2021 at 0.00072640

short term up The short-term trend has been UP since Mar 4th, 2021 at 0.00072151

Smart Scan Analysis for RWFGBP

Based on our trend formula, RWFGBP is rated as a +50 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+50
Smart Scan Analysis for RWFGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.0007273 0.0007273 0.0007273 0.0007273 0.0000000
Prev. Close Volume Bid Ask Time
0.0007273 2021-03-08 07:19:12
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