Forex Trend Analysis Report
Prepared for you on Friday, May 27, 2022.
Rwandan Franc/Euro (FOREX:RWFEUR)
Crossroads (-60) - RWFEUR is struggling to move into a solid trend. Beware of choppy markets 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.
MarketClub’s Trade Triangles for RWFEUR
The long-term trend has been UP since Feb 28th, 2022 at 0.00088001
The intermediate-term trend has been DOWN since May 27th, 2022 at 0.00092606
The short-term trend has been DOWN since May 27th, 2022 at 0.00092606
Smart Scan Analysis for RWFEUR
Based on our trend formula, RWFEUR is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).