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Forex Trend Analysis Report

Prepared for you on Tuesday, April 16, 2024.

Rwandan Franc/Euro (FOREX:RWFEUR)

Crossroads (-60) - RWFEUR is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

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
0.00072916 0.00072916 0.00072916 0.00072916 0.00000000
Entry Signal

MarketClub’s Trade Triangles for RWFEUR

long term down The long-term trend has been DOWN since Nov 11th, 2022 at 0.00093550

intermediate term up The intermediate-term trend has been UP since Mar 28th, 2024 at 0.00072070

short term up The short-term trend has been UP since Apr 11th, 2024 at 0.00071708

Smart Scan Analysis for RWFEUR

Based on our trend formula, RWFEUR is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-60
Smart Scan Analysis for RWFEUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00072916 0.00072916 0.00072916 0.00072916 0.00000000
Prev. Close Volume Bid Ask Time
0.00072916 2024-04-14 21:07:29
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