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Forex Trend Analysis Report

Prepared for you on Thursday, December 26, 2024.

Rwandan Franc/US Dollar (FOREX:RWFUSD)

Crossroads (-60) - RWFUSD 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 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
0.00072032 0.00072032 0.00072032 0.00072032 0.00000000
Entry Signal

MarketClub’s Trade Triangles for RWFUSD

long term down The long-term trend has been DOWN since Jun 8th, 2022 at 0.00096701

intermediate term up The intermediate-term trend has been UP since Dec 15th, 2024 at 0.00072793

short term up The short-term trend has been UP since Dec 13th, 2024 at 0.00072399

Smart Scan Analysis for RWFUSD

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

-60
Smart Scan Analysis for RWFUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00072032 0.00072032 0.00072032 0.00072032 0.00000000
Prev. Close Volume Bid Ask Time
0.00071806 2024-12-21 08:23:56
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