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Forex Trend Analysis Report

Prepared for you on Sunday, March 26, 2023.

Euro/Rwandan Franc (FOREX:EURRWF)

Sidelines Mode (+55) - EURRWF is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement 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.

Open High Low EURRWF Price Change
1163.5 1163.5 1163.5 1163.5 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 down The intermediate-term trend has been DOWN since Feb 17th, 2023 at 1160.38

short term up The short-term trend has been UP since Mar 17th, 2023 at 1158.10

Smart Scan Analysis for EURRWF

Based on our trend formula, EURRWF is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

Smart Scan Analysis for EURRWF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1163.5 1163.5 1163.5 1163.5 0.0
Prev. Close Volume Bid Ask Time
1163.5 2023-03-18 03:55:54
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