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Forex Trend Analysis Report
Prepared for you on Saturday, October 26, 2024.
Euro/Rwandan Franc (FOREX:EURRWF)
Weak Downtrend (-65) - EURRWF is showing signs of a strengthening downtrend. Monitor EURRWF as it may be building momentum to the downside.
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.
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MarketClub’s Trade Triangles for EURRWF
The long-term trend has been UP since Nov 11th, 2022 at 1069.16
The intermediate-term trend has been DOWN since Oct 2nd, 2024 at 1504.30
The short-term trend has been DOWN since Oct 2nd, 2024 at 1504.30
Smart Scan Analysis for EURRWF
Based on our trend formula, EURRWF is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1457.7 | 1457.7 | 1457.7 | 1457.7 | 0.0 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1457.7 | 2024-10-23 07:25:20 |