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Forex Trend Analysis Report

Prepared for you on Tuesday, November 12, 2019.

Euro/Rwandan Franc (FOREX:EURRWF)

Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with tight money management stops.

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_EURRWF
Open High Low EURRWF Price Change
1027.9 1027.9 1027.9 1027.9 0.0
Entry Signal

MarketClub’s Trade Triangles for EURRWF

long term up The long term trend has been UP since Nov 4th, 2019 at 1032.800

intermediate term up The intermediate term trend has been UP since Oct 31st, 2019 at 1032.130

short term up The short term trend has been UP since Oct 17th, 2019 at 1014.905

Smart Scan Analysis for EURRWF

Based on a pre-defined weighted trend formula for chart analysis, EURRWF scored +70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+70
Smart Scan Analysis for EURRWF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1027.9 1027.9 1027.9 1027.9 0.0
Prev. Close Volume Bid Ask Time
1027.9 1012.9 1042.9 2019-11-11 02:18:03
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