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Forex Trend Analysis Report
Prepared for you on Wednesday, November 20, 2024.
Rwandan Franc/Euro (FOREX:RWFEUR)
Sidelines Mode (+50) - RWFEUR is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until RWFEUR can gain momentum.
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 UP since Nov 14th, 2024 at 0.00068609
The short-term trend has been UP since Nov 14th, 2024 at 0.00067827
Smart Scan Analysis for RWFEUR
Based on our trend formula, RWFEUR is rated as a +50 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.00069059 | 0.00069059 | 0.00069059 | 0.00069059 | 0.00000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.00069059 | 2024-11-18 13:11:45 |