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Forex Trend Analysis Report
Prepared for you on Wednesday, December 1, 2021.
British Pound/Rwandan Franc (FOREX:GBPRWF)
Bear Market Rally (-75) - GBPRWF is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on GBPRWF as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid GBPRWF?
MarketClub looks at technical strength and momentum to determine if the timing is right for GBPRWF.
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 GBPRWF
The long-term trend has been DOWN since Nov 11th, 2021 at 1373.5860
The intermediate-term trend has been DOWN since Sep 22nd, 2021 at 1392.3799
The short-term trend has been UP since Nov 24th, 2021 at 1372.0664
Smart Scan Analysis for GBPRWF
Based on our trend formula, GBPRWF is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1382.3305 | 1382.3305 | 1382.3305 | 1382.3305 | 0.0000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1382.3305 | 2021-11-29 07:26:08 |