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Forex Trend Analysis Report
Prepared for you on Friday, May 9, 2025.
US Dollar/Rwandan Franc (FOREX:USDRWF)
Countertrend Up (+85) - USDRWF is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
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 UP since May 5th, 2025 at 1416.0000
Smart Scan Analysis for USDRWF
Based on our trend formula, USDRWF is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1416.5 | 1416.5 | 1416.5 | 1416.5 | 0.0 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1416.5 | 2025-05-05 14:15:54 |