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Forex Trend Analysis Report
Prepared for you on Thursday, April 18, 2024.
Rwandan Franc/US Dollar (FOREX:RWFUSD)
Countertrend Down (-85) - RWFUSD is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.
Is it time to buy, sell, or avoid RWFUSD?
MarketClub looks at technical strength and momentum to determine if the timing is right for RWFUSD.
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 RWFUSD
The long-term trend has been DOWN since Jun 8th, 2022 at 0.00096701
The intermediate-term trend has been DOWN since Aug 16th, 2023 at 0.00083796
The short-term trend has been UP since Apr 17th, 2024 at 0.00077674
Smart Scan Analysis for RWFUSD
Based on our trend formula, RWFUSD is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.0007757 | 0.0007757 | 0.0007757 | 0.0007757 | 0.0000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.0007757 | 2024-04-18 07:26:28 |