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Forex Trend Analysis Report

Prepared for you on Friday, March 22, 2019.

Rwandan Franc/South African Rand (FOREX:RWFZAR)

Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down trend could be changing and moving into a trading range Sidelines Mode.

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_RWFZAR
Open High Low RWFZAR Price Change
0.015738 0.015738 0.015738 0.015738 0.000000
Entry Signal

MarketClub’s Trade Triangles for RWFZAR

long term down The long term trend has been DOWN since Dec 2nd, 2018 at 0.015447

intermediate term up The intermediate term trend has been UP since Feb 15th, 2019 at 0.015600

short term down The short term trend has been DOWN since Mar 20th, 2019 at 0.016001

Smart Scan Analysis for RWFZAR

Based on a pre-defined weighted trend formula for chart analysis, RWFZAR scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-55
Smart Scan Analysis for RWFZAR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.015738 0.015738 0.015738 0.015738 0.000000
Prev. Close Volume Bid Ask Time
0.015738 0.015508 0.015968 2019-03-21 22:06:29
Want to analyze Rwandan Franc/South African Rand RWFZAR or another symbol? Try our Free Forex Trend Analysis Report.