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Forex Trend Analysis Report

Prepared for you on Wednesday, April 1, 2020.

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.

FOREX_USDRWF
Open High Low USDRWF Price Change
952.7793 952.7793 935.0000 935.0000 -17.7793
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 down The intermediate-term trend has been DOWN since Apr 1st, 2020 at 937.5000

short term down The short-term trend has been DOWN since Mar 29th, 2020 at 942.6551

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).

-70
Smart Scan Analysis for USDRWF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
952.7793 952.7793 935.0000 935.0000 -17.7793
Prev. Close Volume Bid Ask Time
952.7793 920.0000 950.0000 2020-04-01 11:09:28
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