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Forex Trend Analysis Report

Prepared for you on Monday, March 20, 2023.

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
0.00092671 0.00092671 0.00092671 0.00092671 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 Mar 18th, 2023 at 0.00092558

short term up The short-term trend has been UP since Mar 18th, 2023 at 0.00091767

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
0.00092671 0.00092671 0.00092671 0.00092671 0.00000000
Prev. Close Volume Bid Ask Time
0.00092671 2023-03-18 03:55:54
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