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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.

FOREX_USDRWF
Open High Low USDRWF Price Change
920 920 920 920 0
Entry Signal

MarketClub’s Trade Triangles for USDRWF

long term up The long term trend has been UP since Mar 21st, 2019 at 903.2600

intermediate term down The intermediate term trend has been DOWN since Dec 3rd, 2019 at 916.5000

short term down 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).

-70
Smart Scan Analysis for USDRWF
Strong Downtrend Sideways 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
Want to analyze US Dollar/Rwandan Franc USDRWF or another symbol? Try our Free Forex Trend Analysis Report.