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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.

FOREX_RWFEUR
Open High Low RWFEUR Price Change
0.00093499 0.00093499 0.00093499 0.00093499 0.00000000
Entry Signal

MarketClub’s Trade Triangles for RWFEUR

long term up The long-term trend has been UP since Feb 28th, 2022 at 0.00088001

intermediate term up The intermediate-term trend has been UP since Jun 28th, 2022 at 0.00090034

short term up 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).

+80
Smart Scan Analysis for RWFEUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00093499 0.00093499 0.00093499 0.00093499 0.00000000
Prev. Close Volume Bid Ask Time
0.00093499 2022-07-04 07:15:33
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