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Forex Trend Analysis Report
Prepared for you on Thursday, January 23, 2025.
Rwandan Franc/British Pound (FOREX:RWFGBP)
Sidelines Mode (+55) - RWFGBP is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid RWFGBP?
MarketClub looks at technical strength and momentum to determine if the timing is right for RWFGBP.
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 RWFGBP
The long-term trend has been UP since Jan 8th, 2025 at 0.00057743
The intermediate-term trend has been UP since Dec 15th, 2024 at 0.00057526
The short-term trend has been DOWN since Jan 20th, 2025 at 0.00058460
Smart Scan Analysis for RWFGBP
Based on our trend formula, RWFGBP is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.00058524 | 0.00058524 | 0.00058524 | 0.00058524 | 0.00000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.00058524 | 2025-01-23 07:25:20 |