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Forex Trend Analysis Report
Prepared for you on Saturday, December 21, 2024.
British Pound/Rwandan Franc (FOREX:GBPRWF)
Crossroads (-60) - GBPRWF 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 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 UP since Nov 15th, 2022 at 1262.7518
The intermediate-term trend has been DOWN since Dec 15th, 2024 at 1738.5260
The short-term trend has been DOWN since Dec 13th, 2024 at 1764.3403
Smart Scan Analysis for GBPRWF
Based on our trend formula, GBPRWF is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1743.2429 | 1743.2429 | 1743.2429 | 1743.2429 | 0.0000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1743.2429 | 2024-12-21 06:23:55 |