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Forex Trend Analysis Report
Prepared for you on Friday, July 26, 2024.
/British Pound (FOREX:RSDGBP)
Weak Downtrend (-65) - RSDGBP is showing signs of a strengthening downtrend. Monitor RSDGBP as it may be building momentum to the downside.
Is it time to buy, sell, or avoid RSDGBP?
MarketClub looks at technical strength and momentum to determine if the timing is right for RSDGBP.
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 RSDGBP
The long-term trend has been DOWN since Jan 23rd, 2024 at 0.00729829
The intermediate-term trend has been DOWN since Jul 11th, 2024 at 0.00719362
The short-term trend has been UP since Jul 25th, 2024 at 0.00720309
Smart Scan Analysis for RSDGBP
Based on our trend formula, RSDGBP is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.00720994 | 0.00721473 | 0.00720689 | 0.00720903 | -0.00000100 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.00720994 | 2024-07-26 14:00:13 |