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Forex Trend Analysis Report

Prepared for you on Thursday, May 28, 2020.

Euro/Rwandan Franc (FOREX:EURRWF)

Crossroads (-60) - EURRWF is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

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.

FOREX_EURRWF
Open High Low EURRWF Price Change
1039.43 1039.43 1039.43 1039.43 0.00
Entry Signal

MarketClub’s Trade Triangles for EURRWF

long term down The long-term trend has been DOWN since Mar 23rd, 2020 at 1026.35

intermediate term up The intermediate-term trend has been UP since May 21st, 2020 at 1032.68

short term up The short-term trend has been UP since May 20th, 2020 at 1023.86

Smart Scan Analysis for EURRWF

Based on our trend formula, EURRWF is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-60
Smart Scan Analysis for EURRWF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1039.43 1039.43 1039.43 1039.43 0.00
Prev. Close Volume Bid Ask Time
1039.43 1024.43 1054.43 2020-05-25 21:04:40
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