Forex Trend Analysis Report

Prepared for you on Thursday, April 25, 2024.

Rwandan Franc/South African Rand (FOREX:RWFZAR)

Crossroads (+60) - RWFZAR is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid RWFZAR?

MarketClub looks at technical strength and momentum to determine if the timing is right for RWFZAR.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

Open	High	Low	RWFZAR Price	Change
0.01492731	0.01492731	0.01489350	0.01489350	-0.00003400
Entry Signal

MarketClub’s Trade Triangles for RWFZAR

The long-term trend has been DOWN since Jun 18th, 2023 at 0.01597665

The intermediate-term trend has been UP since Apr 22nd, 2024 at 0.01479270

The short-term trend has been UP since Apr 11th, 2024 at 0.01451971

Smart Scan Analysis for RWFZAR

Based on our trend formula, RWFZAR is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+60

Strong Downtrend Sideways Strong Uptrend

Open	High	Low	Price	Change
0.01492731	0.01492731	0.01489350	0.01489350	-0.00003400
Prev. Close	Volume	Bid	Ask	Time
0.01470994				2024-04-23 21:01:41

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