Analyze Symbol
Forex Trend Analysis Report
Prepared for you on Monday, December 9, 2019.
US Dollar/Rwandan Franc (FOREX:USDRWF)
Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very tight money management stops.
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.
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MarketClub’s Trade Triangles for USDRWF
The long term trend has been UP since Mar 21st, 2019 at 903.2600
The intermediate term trend has been DOWN since Dec 3rd, 2019 at 916.5000
The short term trend has been DOWN since Dec 3rd, 2019 at 931.3098
Smart Scan Analysis for USDRWF
Based on a pre-defined weighted trend formula for chart analysis, USDRWF scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 920 | 920 | 920 | 920 | 0 |
| Prev. Close | Volume | Bid | Ask | Time |
| 920 | 905 | 935 | 2019-12-09 09:45:38 |