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Forex Trend Analysis Report
Prepared for you on Monday, January 20, 2025.
US Dollar/Rwandan Franc (FOREX:USDRWF)
Weak Uptrend (+65) - USDRWF is showing signs of weakening momentum to the upside. Monitor USDRWF as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid USDRWF?
MarketClub looks at technical strength and momentum to determine if the timing is right for USDRWF.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for USDRWF
The long-term trend has been UP since Dec 22nd, 2023 at 1259.7110
The intermediate-term trend has been UP since Jan 7th, 2025 at 1392.3224
The short-term trend has been DOWN since Jan 15th, 2025 at 1386.0000
Smart Scan Analysis for USDRWF
Based on our trend formula, USDRWF is rated as a +65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1392.6544 | 1392.6544 | 1392.6544 | 1392.6544 | 0.0000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1406.2099 | 2025-01-19 11:30:04 |