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.
MarketClub’s Trade Triangles for RWFUSD
The long-term trend has been DOWN since Jun 16th, 2019 at 0.00109800
The intermediate-term trend has been UP since Mar 23rd, 2020 at 0.00105194
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).