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Forex Trend Analysis Report

Prepared for you on Friday, February 26, 2021.

Rwandan Franc/US Dollar (FOREX:RWFUSD)

Long-Term Downtrend (-90) - RWFUSD is in a strong downtrend that is likely to continue. While RWFUSD is showing intraday strength, it remains in the confines of a bearish trend. 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.

FOREX_RWFUSD
Open High Low RWFUSD Price Change
0.00100718 0.00100718 0.00100718 0.00100718 0.00000000
Entry Signal

MarketClub’s Trade Triangles for RWFUSD

long term down The long-term trend has been DOWN since May 21st, 2020 at 0.00104602

intermediate term down The intermediate-term trend has been DOWN since Feb 16th, 2021 at 0.00100677

short term down The short-term trend has been DOWN since Feb 16th, 2021 at 0.00100726

Smart Scan Analysis for RWFUSD

Based on our trend formula, RWFUSD is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for RWFUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00100718 0.00100718 0.00100718 0.00100718 0.00000000
Prev. Close Volume Bid Ask Time
0.00100721 2021-02-24 07:23:17
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