Free Daily Analysis
Forex Trend Analysis Report
Prepared for you on Thursday, December 26, 2024.
Rwandan Franc/South African Rand (FOREX:RWFZAR)
Bear Market Rally (-75) - RWFZAR is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on RWFZAR as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid RWFZAR?
MarketClub looks at technical strength and momentum to determine if the timing is right for RWFZAR.
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 RWFZAR
The long-term trend has been DOWN since Jun 18th, 2023 at 0.01597665
The intermediate-term trend has been DOWN since Dec 4th, 2024 at 0.01312539
The short-term trend has been UP since Dec 15th, 2024 at 0.01291931
Smart Scan Analysis for RWFZAR
Based on our trend formula, RWFZAR is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.01318801 | 0.01318801 | 0.01318801 | 0.01318801 | 0.00000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.01339341 | 2024-12-21 08:23:57 |