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Forex Trend Analysis Report
Prepared for you on Friday, March 24, 2023.
US Dollar/Rwandan Franc (FOREX:USDRWF)
Weak Downtrend (-65) - USDRWF is showing signs of a strengthening downtrend. Monitor USDRWF as it may be building momentum to the downside.
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 Jun 8th, 2022 at 1031.7802
The intermediate-term trend has been DOWN since Mar 18th, 2023 at 1080.5871
The short-term trend has been DOWN since Mar 18th, 2023 at 1090.5427
Smart Scan Analysis for USDRWF
Based on our trend formula, USDRWF is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1079.2635 | 1079.2635 | 1079.2635 | 1079.2635 | 0.0000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1079.2635 | 2023-03-18 03:55:54 |