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Forex Trend Analysis Report

Prepared for you on Monday, January 22, 2018.

US Dollar/Rwandan Franc (FOREX:USDRWF)

Smart Scan Chart Analysis shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend with very tight 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_USDRWF
Open High Low USDRWF Price Change
860.485 860.485 845.500 845.500 -14.985
Entry Signal

MarketClub’s Trade Triangles for USDRWF

long term up The long term trend has been UP since Oct 20th, 2017 at 846.640

intermediate term down The intermediate term trend has been DOWN since Jan 19th, 2018 at 858.555

short term down The short term trend has been DOWN since Jan 19th, 2018 at 858.555

Smart Scan Analysis for USDRWF

Based on a pre-defined weighted trend formula for chart analysis, USDRWF scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-60
Smart Scan Analysis for USDRWF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
860.485 860.485 845.500 845.500 -14.985
Prev. Close Volume Bid Ask Time
861.705 830.000 861.000 2018-01-19 14:29:16
Want to analyze US Dollar/Rwandan Franc USDRWF or another symbol? Try our Free Forex Trend Analysis Report.