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Forex Trend Analysis Report
Prepared for you on Sunday, December 8, 2024.
Rwandan Franc/US Dollar (FOREX:RWFUSD)
Strong Downtrend (-100) - RWFUSD is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, RWFUSD continues to fall. Traders should use caution and set stops.
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.
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MarketClub’s Trade Triangles for RWFUSD
The long-term trend has been DOWN since Jun 8th, 2022 at 0.00096701
The intermediate-term trend has been DOWN since Oct 31st, 2024 at 0.00073822
The short-term trend has been DOWN since Oct 31st, 2024 at 0.00073838
Smart Scan Analysis for RWFUSD
Based on our trend formula, RWFUSD is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.00072339 | 0.00072339 | 0.00072339 | 0.00072339 | 0.00000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.00072339 | 2024-12-07 04:22:58 |