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Forex Trend Analysis Report

Prepared for you on Tuesday, December 18, 2018.

Euro/Rwandan Franc (FOREX:EURRWF)

Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very tight money management stops.

The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.

FOREX_EURRWF
Open High Low EURRWF Price Change
1006.495 1006.495 1006.495 1006.495 0.000
Entry Signal

MarketClub’s Trade Triangles for EURRWF

long term up The long term trend has been UP since Sep 16th, 2018 at 1030.560

intermediate term down The intermediate term trend has been DOWN since Dec 16th, 2018 at 1009.590

short term down The short term trend has been DOWN since Dec 16th, 2018 at 1014.675

Smart Scan Analysis for EURRWF

Based on a pre-defined weighted trend formula for chart analysis, EURRWF scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-70
Smart Scan Analysis for EURRWF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1006.495 1006.495 1006.495 1006.495 0.000
Prev. Close Volume Bid Ask Time
1006.495 991.490 1021.500 2018-12-16 20:53:58
Want to analyze Euro/Rwandan Franc EURRWF or another symbol? Try our Free Forex Trend Analysis Report.