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Forex Trend Analysis Report
Prepared for you on Thursday, April 18, 2024.
/British Pound (FOREX:RSDGBP)
Strong Downtrend (-100) - RSDGBP is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, RSDGBP continues to fall. Traders should use caution and set stops.
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 Apr 17th, 2024 at 0.00728378
The short-term trend has been DOWN since Apr 17th, 2024 at 0.00728378
Smart Scan Analysis for RSDGBP
Based on our trend formula, RSDGBP is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.00731232 | 0.00731508 | 0.00730158 | 0.00730469 | -0.00000800 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.00731232 | 2024-04-18 16:49:40 |