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Forex Trend Analysis Report

Prepared for you on Monday, March 27, 2023.

US Dollar/Rwandan Franc (FOREX:USDRWF)

Crossroads (-60) - USDRWF 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 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
1079.2635 1079.2635 1079.2635 1079.2635 0.0000
Entry Signal

MarketClub’s Trade Triangles for USDRWF

long term up The long-term trend has been UP since Jun 8th, 2022 at 1031.7802

intermediate term down The intermediate-term trend has been DOWN since Mar 18th, 2023 at 1080.5871

short term down The short-term trend has been DOWN since Mar 18th, 2023 at 1090.5427

Smart Scan Analysis for USDRWF

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

-60
Smart Scan Analysis for USDRWF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1079.2635 1079.2635 1079.2635 1079.2635 0.0000
Prev. Close Volume Bid Ask Time
1079.2635 2023-03-18 03:55:54
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