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Forex Trend Analysis Report

Prepared for you on Saturday, July 20, 2024.

Euro/Rwandan Franc (FOREX:EURRWF)

Long-Term Uptrend (+90) - EURRWF is in a strong uptrend that is likely to continue. While EURRWF is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.

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
1431.4 1431.4 1431.4 1431.4 0.0
Entry Signal

MarketClub’s Trade Triangles for EURRWF

long term up The long-term trend has been UP since Nov 11th, 2022 at 1069.16

intermediate term up The intermediate-term trend has been UP since Jul 7th, 2024 at 1420.80

short term up The short-term trend has been UP since Jul 17th, 2024 at 1431.20

Smart Scan Analysis for EURRWF

Based on our trend formula, EURRWF is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+90
Smart Scan Analysis for EURRWF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1431.4 1431.4 1431.4 1431.4 0.0
Prev. Close Volume Bid Ask Time
1426.1 2024-07-17 23:17:59
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