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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.

FOREX_EURRWF
Open High Low EURRWF Price Change
1069.74 1069.74 1069.74 1069.74 0.00
Entry Signal

MarketClub’s Trade Triangles for EURRWF

long term down The long-term trend has been DOWN since Feb 18th, 2022 at 1154.93

intermediate term down The intermediate-term trend has been DOWN since Jun 20th, 2022 at 1091.60

short term down 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).

-100
Smart Scan Analysis for EURRWF
Strong Downtrend Sideways 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
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