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Forex Trend Analysis Report
Prepared for you on Monday, January 20, 2025.
Australian Dollar/Rwandan Franc (FOREX:AUDRWF)
Long-Term Downtrend (-90) - AUDRWF is in a strong downtrend that is likely to continue. While AUDRWF is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
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.
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MarketClub’s Trade Triangles for AUDRWF
The long-term trend has been DOWN since Dec 13th, 2024 at 885.8820
The intermediate-term trend has been DOWN since Nov 14th, 2024 at 894.4687
The short-term trend has been DOWN since Dec 13th, 2024 at 886.8199
Smart Scan Analysis for AUDRWF
Based on our trend formula, AUDRWF is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 865.3603 | 865.3603 | 865.3603 | 865.3603 | 0.0000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 872.3275 | 2025-01-19 11:30:04 |