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Forex Trend Analysis Report
Prepared for you on Friday, April 19, 2024.
Rwandan Franc/Euro (FOREX:RWFEUR)
Sidelines Mode (+55) - RWFEUR is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid RWFEUR?
MarketClub looks at technical strength and momentum to determine if the timing is right for RWFEUR.
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 RWFEUR
The long-term trend has been DOWN since Nov 11th, 2022 at 0.00093550
The intermediate-term trend has been UP since Mar 28th, 2024 at 0.00072070
The short-term trend has been DOWN since Apr 18th, 2024 at 0.00072916
Smart Scan Analysis for RWFEUR
Based on our trend formula, RWFEUR is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.00072641 | 0.00072641 | 0.00072641 | 0.00072641 | 0.00000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.00072847 | 2024-04-18 07:26:28 |