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Forex Trend Analysis Report

Prepared for you on Saturday, February 8, 2025.

British Pound/Rwandan Franc (FOREX:GBPRWF)

Weak Downtrend (-65) - GBPRWF is showing signs of a strengthening downtrend. Monitor GBPRWF as it may be building momentum to the downside.

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.

FOREX_GBPRWF
Open High Low GBPRWF Price Change
1755.781 1755.781 1755.781 1755.781 0.000
Entry Signal

MarketClub’s Trade Triangles for GBPRWF

long term down The long-term trend has been DOWN since Jan 8th, 2025 at 1731.9859

intermediate term up The intermediate-term trend has been UP since Jan 30th, 2025 at 1744.2323

short term down The short-term trend has been DOWN since Feb 6th, 2025 at 1742.4552

Smart Scan Analysis for GBPRWF

Based on our trend formula, GBPRWF is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-65
Smart Scan Analysis for GBPRWF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1755.781 1755.781 1755.781 1755.781 0.000
Prev. Close Volume Bid Ask Time
1755.781 2025-02-08 05:20:32
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