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Forex Trend Analysis Report
Prepared for you on Tuesday, March 21, 2023.
Australian Dollar/Rwandan Franc (FOREX:AUDRWF)
Sidelines Mode (+55) - AUDRWF is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
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 UP since Nov 24th, 2022 at 729.8059
The intermediate-term trend has been DOWN since Feb 17th, 2023 at 751.0550
The short-term trend has been UP since Mar 18th, 2023 at 730.3898
Smart Scan Analysis for AUDRWF
Based on our trend formula, AUDRWF is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 730.8417 | 730.8417 | 730.8417 | 730.8417 | 0.0000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 730.8417 | 2023-03-18 03:55:54 |