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Forex Trend Analysis Report

Prepared for you on Tuesday, July 5, 2022.

Rwandan Franc/South African Rand (FOREX:RWFZAR)

Countertrend Up (+85) - RWFZAR is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.

Is it time to buy, sell, or avoid RWFZAR?

MarketClub looks at technical strength and momentum to determine if the timing is right for RWFZAR.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_RWFZAR
Open High Low RWFZAR Price Change
0.0158773 0.0158773 0.0158773 0.0158773 0.0000000
Entry Signal

MarketClub’s Trade Triangles for RWFZAR

long term up The long-term trend has been UP since May 2nd, 2022 at 0.01521114

intermediate term up The intermediate-term trend has been UP since Jun 28th, 2022 at 0.01480115

short term up The short-term trend has been UP since Jun 28th, 2022 at 0.01517349

Smart Scan Analysis for RWFZAR

Based on our trend formula, RWFZAR is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+80
Smart Scan Analysis for RWFZAR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.0158773 0.0158773 0.0158773 0.0158773 0.0000000
Prev. Close Volume Bid Ask Time
0.0158773 2022-07-04 07:15:33
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