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Forex Trend Analysis Report
Prepared for you on Thursday, May 9, 2024.
Australian Dollar/Rwandan Franc (FOREX:AUDRWF)
Strong Uptrend (+100) - AUDRWF is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, AUDRWF continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
Is it time to buy, sell, or avoid AUDRWF?
MarketClub looks at technical strength and momentum to determine if the timing is right for AUDRWF.
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 AUDRWF
The long-term trend has been UP since Nov 24th, 2022 at 729.8059
The intermediate-term trend has been UP since May 5th, 2024 at 847.2926
The short-term trend has been UP since May 5th, 2024 at 843.5455
Smart Scan Analysis for AUDRWF
Based on our trend formula, AUDRWF is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 850.054 | 850.054 | 850.054 | 850.054 | 0.000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 857.703 | 2024-05-08 21:02:50 |