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Forex Trend Analysis Report

Prepared for you on Wednesday, April 14, 2021.

Rwandan Franc/South African Rand (FOREX:RWFZAR)

Crossroads (-60) - RWFZAR 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 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.

FOREX_RWFZAR
Open High Low RWFZAR Price Change
0.01469818 0.01469818 0.01469818 0.01469818 0.00000000
Entry Signal

MarketClub’s Trade Triangles for RWFZAR

long term up The long-term trend has been UP since Mar 8th, 2021 at 0.01557327

intermediate term down The intermediate-term trend has been DOWN since Apr 1st, 2021 at 0.01477616

short term down The short-term trend has been DOWN since Apr 1st, 2021 at 0.01486701

Smart Scan Analysis for RWFZAR

Based on our trend formula, RWFZAR is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-60
Smart Scan Analysis for RWFZAR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.01469818 0.01469818 0.01469818 0.01469818 0.00000000
Prev. Close Volume Bid Ask Time
0.01469818 2021-04-10 08:06:59
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