Forex Trend Analysis Report
Prepared for you on Wednesday, July 6, 2022.
Rwandan Franc/Euro (FOREX:RWFEUR)
Countertrend Up (+85) - RWFEUR is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
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.
MarketClub’s Trade Triangles for RWFEUR
The long-term trend has been UP since Feb 28th, 2022 at 0.00088001
The intermediate-term trend has been UP since Jun 28th, 2022 at 0.00090034
The short-term trend has been UP since Jun 28th, 2022 at 0.00091256
Smart Scan Analysis for RWFEUR
Based on our trend formula, RWFEUR is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).