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Forex Trend Analysis Report

Prepared for you on Saturday, December 5, 2020.

Euro/Rwandan Franc (FOREX:EURRWF)

Countertrend Up (+85) - EURRWF is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score 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
1192.11 1192.11 1192.11 1192.11 0.00
Entry Signal

MarketClub’s Trade Triangles for EURRWF

long term up The long-term trend has been UP since Jul 13th, 2020 at 1081.00

intermediate term up The intermediate-term trend has been UP since Oct 13th, 2020 at 1143.01

short term up The short-term trend has been UP since Nov 9th, 2020 at 1157.07

Smart Scan Analysis for EURRWF

Based on our trend formula, EURRWF is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+80
Smart Scan Analysis for EURRWF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1192.11 1192.11 1192.11 1192.11 0.00
Prev. Close Volume Bid Ask Time
1199.89 2020-12-02 07:11:42
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