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Forex Trend Analysis Report

Prepared for you on Saturday, April 13, 2024.

Australian Dollar/Rwandan Franc (FOREX:AUDRWF)

Weak Downtrend (-65) - AUDRWF is showing signs of a strengthening downtrend. Monitor AUDRWF as it may be building momentum to the downside.

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.

FOREX_AUDRWF
Open High Low AUDRWF Price Change
833.9008 836.1885 833.9008 836.1885 +2.2877
Entry Signal

MarketClub’s Trade Triangles for AUDRWF

long term up The long-term trend has been UP since Nov 24th, 2022 at 729.8059

intermediate term down The intermediate-term trend has been DOWN since Apr 13th, 2024 at 834.5922

short term down The short-term trend has been DOWN since Apr 11th, 2024 at 847.4289

Smart Scan Analysis for AUDRWF

Based on our trend formula, AUDRWF is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for AUDRWF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
833.9008 836.1885 833.9008 836.1885 +2.2877
Prev. Close Volume Bid Ask Time
833.9008 2024-04-13 18:02:07
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