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Forex Trend Analysis Report

Prepared for you on Saturday, October 31, 2020.

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
0.0008644 0.0008644 0.0008644 0.0008644 0.0000000
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 Oct 13th, 2020 at 0.00087503

short term down The short-term trend has been DOWN since Oct 13th, 2020 at 0.00086980

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
0.0008644 0.0008644 0.0008644 0.0008644 0.0000000
Prev. Close Volume Bid Ask Time
0.0008731 2020-10-27 22:05:28
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