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Forex Trend Analysis Report

Prepared for you on Saturday, January 22, 2022.

US Dollar/Rwandan Franc (FOREX:USDRWF)

Sidelines Mode (+55) - USDRWF 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 USDRWF?

MarketClub looks at technical strength and momentum to determine if the timing is right for USDRWF.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_USDRWF
Open High Low USDRWF Price Change
1015.5 1015.5 1015.5 1015.5 0.0
Entry Signal

MarketClub’s Trade Triangles for USDRWF

long term up The long-term trend has been UP since Dec 28th, 2021 at 1038.4205

intermediate term up The intermediate-term trend has been UP since Dec 28th, 2021 at 1038.4205

short term down The short-term trend has been DOWN since Jan 14th, 2022 at 1015.5000

Smart Scan Analysis for USDRWF

Based on our trend formula, USDRWF is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for USDRWF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1015.5 1015.5 1015.5 1015.5 0.0
Prev. Close Volume Bid Ask Time
1015.5 2022-01-21 13:55:39
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