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Forex Trend Analysis Report

Prepared for you on Friday, October 22, 2021.

Euro/Rwandan Franc (FOREX:EURRWF)

Countertrend Down (-85) - EURRWF is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score 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
1181.46 1181.46 1181.46 1181.46 0.00
Entry Signal

MarketClub’s Trade Triangles for EURRWF

long term down The long-term trend has been DOWN since Aug 11th, 2021 at 1176.25

intermediate term down The intermediate-term trend has been DOWN since Oct 4th, 2021 at 1189.30

short term up The short-term trend has been UP since Oct 15th, 2021 at 1181.25

Smart Scan Analysis for EURRWF

Based on our trend formula, EURRWF is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-85
Smart Scan Analysis for EURRWF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1181.46 1181.46 1181.46 1181.46 0.00
Prev. Close Volume Bid Ask Time
1181.46 2021-10-15 07:17:38
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