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Forex Trend Analysis Report

Prepared for you on Tuesday, January 21, 2020.

US Dollar/Rwandan Franc (FOREX:USDRWF)

Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-trend could be changing and moving into a trading range Sidelines Mode.

The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.

FOREX_USDRWF
Open High Low USDRWF Price Change
949.257 949.257 935.000 935.000 -14.257
Entry Signal

MarketClub’s Trade Triangles for USDRWF

long term up The long term trend has been UP since Mar 21st, 2019 at 903.2600

intermediate term up The intermediate term trend has been UP since Dec 8th, 2019 at 933.8919

short term down The short term trend has been DOWN since Jan 21st, 2020 at 937.5000

Smart Scan Analysis for USDRWF

Based on a pre-defined weighted trend formula for chart analysis, USDRWF scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+55
Smart Scan Analysis for USDRWF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
949.257 949.257 935.000 935.000 -14.257
Prev. Close Volume Bid Ask Time
949.257 920.000 950.000 2020-01-21 13:52:23
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