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Forex Trend Analysis Report

Prepared for you on Saturday, February 27, 2021.

Rwandan Franc/Euro (FOREX:RWFEUR)

Long-Term Downtrend (-90) - RWFEUR is in a strong downtrend that is likely to continue. While RWFEUR is showing intraday strength, it remains in the confines of a bearish trend. 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.

FOREX_RWFEUR
Open High Low RWFEUR Price Change
0.00082788 0.00082788 0.00082788 0.00082788 0.00000000
Entry Signal

MarketClub’s Trade Triangles for RWFEUR

long term down The long-term trend has been DOWN since Jun 24th, 2020 at 0.00093082

intermediate term down The intermediate-term trend has been DOWN since Feb 16th, 2021 at 0.00082929

short term down The short-term trend has been DOWN since Feb 24th, 2021 at 0.00082792

Smart Scan Analysis for RWFEUR

Based on our trend formula, RWFEUR is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for RWFEUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00082788 0.00082788 0.00082788 0.00082788 0.00000000
Prev. Close Volume Bid Ask Time
0.00083169 2021-02-24 07:23:17
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