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Forex Trend Analysis Report

Prepared for you on Wednesday, April 21, 2021.

Rwandan Franc/South African Rand (FOREX:RWFZAR)

Strong Downtrend (-100) - RWFZAR is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.

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
0.01430588 0.01430588 0.01425508 0.01425508 -0.00005100
Entry Signal

MarketClub’s Trade Triangles for RWFZAR

long term down The long-term trend has been DOWN since Apr 18th, 2021 at 0.01455735

intermediate term down The intermediate-term trend has been DOWN since Apr 1st, 2021 at 0.01477616

short term down The short-term trend has been DOWN since Apr 1st, 2021 at 0.01486701

Smart Scan Analysis for RWFZAR

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

-100
Smart Scan Analysis for RWFZAR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.01430588 0.01430588 0.01425508 0.01425508 -0.00005100
Prev. Close Volume Bid Ask Time
0.01426543 2021-04-18 22:47:15
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