Free Daily Analysis
Forex Trend Analysis Report
Prepared for you on Tuesday, July 5, 2022.
Euro/Rwandan Franc (FOREX:EURRWF)
Strong Downtrend (-100) - EURRWF is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, EURRWF continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid EURRWF?
MarketClub looks at technical strength and momentum to determine if the timing is right for EURRWF.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
|
|||||||||||||||
|
|||||||||||||||
MarketClub’s Trade Triangles for EURRWF
The long-term trend has been DOWN since Feb 18th, 2022 at 1154.93
The intermediate-term trend has been DOWN since Jun 20th, 2022 at 1091.60
The short-term trend has been DOWN since Jun 20th, 2022 at 1096.03
Smart Scan Analysis for EURRWF
Based on our trend formula, EURRWF is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1069.74 | 1069.74 | 1069.74 | 1069.74 | 0.00 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1069.74 | 2022-07-04 07:15:33 |