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Forex Trend Analysis Report

Prepared for you on Monday, March 30, 2020.

Rwandan Franc/US Dollar (FOREX:RWFUSD)

Sidelines Mode (+50) - RWFUSD is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until RWFUSD can gain momentum.

Is it time to buy, sell, or avoid RWFUSD?

MarketClub looks at technical strength and momentum to determine if the timing is right for RWFUSD.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_RWFUSD
Open High Low RWFUSD Price Change
0.00106170 0.00106170 0.00106170 0.00106170 0.00000000
Entry Signal

MarketClub’s Trade Triangles for RWFUSD

long term down The long-term trend has been DOWN since Jun 16th, 2019 at 0.00109800

intermediate term up The intermediate-term trend has been UP since Mar 23rd, 2020 at 0.00105194

short term up The short-term trend has been UP since Mar 23rd, 2020 at 0.00105194

Smart Scan Analysis for RWFUSD

Based on our trend formula, RWFUSD is rated as a +50 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+50
Smart Scan Analysis for RWFUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00106170 0.00106170 0.00106170 0.00106170 0.00000000
Prev. Close Volume Bid Ask Time
0.00106170 0.00104651 0.00107690 2020-03-29 15:42:20
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