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Forex Trend Analysis Report
Prepared for you on Saturday, April 1, 2023.
Rwandan Franc/Euro (FOREX:RWFEUR)
Strong Downtrend (-100) - RWFEUR is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, RWFEUR continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid RWFEUR?
MarketClub looks at technical strength and momentum to determine if the timing is right for RWFEUR.
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 RWFEUR
The long-term trend has been DOWN since Nov 11th, 2022 at 0.00093550
The intermediate-term trend has been DOWN since Mar 28th, 2023 at 0.00085962
The short-term trend has been DOWN since Mar 17th, 2023 at 0.00086363
Smart Scan Analysis for RWFEUR
Based on our trend formula, RWFEUR is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.00082808 | 0.00082808 | 0.00082808 | 0.00082808 | 0.00000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.00082815 | 2023-03-28 13:24:49 |