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Forex Trend Analysis Report

Prepared for you on Tuesday, July 7, 2020.

Rwandan Franc/South African Rand (FOREX:RWFZAR)

Weak Downtrend (-65) - RWFZAR is showing signs of a strengthening downtrend. Monitor RWFZAR as it may be building momentum to the downside.

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
0.01772535 0.01772535 0.01772535 0.01772535 0.00000000
Entry Signal

MarketClub’s Trade Triangles for RWFZAR

long term up The long-term trend has been UP since Mar 5th, 2020 at 0.01613831

intermediate term down The intermediate-term trend has been DOWN since Jul 2nd, 2020 at 0.01780868

short term down The short-term trend has been DOWN since Jul 1st, 2020 at 0.01803211

Smart Scan Analysis for RWFZAR

Based on our trend formula, RWFZAR is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for RWFZAR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.01772535 0.01772535 0.01772535 0.01772535 0.00000000
Prev. Close Volume Bid Ask Time
0.01772535 0.01747871 0.01797199 2020-07-02 21:02:01
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