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Forex Trend Analysis Report

Prepared for you on Friday, April 26, 2024.

Romanian Leu/Swiss Franc (FOREX:RONCHF)

Weak Uptrend (+65) - RONCHF is showing signs of weakening momentum to the upside. Monitor RONCHF as it may be in the beginning stages of a reversal.

Is it time to buy, sell, or avoid RONCHF?

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

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

FOREX_RONCHF
Open High Low RONCHF Price Change
0.19671695 0.19691150 0.19622650 0.19623769 -0.00047900
Entry Signal

MarketClub’s Trade Triangles for RONCHF

long term up The long-term trend has been UP since Mar 1st, 2024 at 0.19307343

intermediate term down The intermediate-term trend has been DOWN since Apr 15th, 2024 at 0.19463800

short term up The short-term trend has been UP since Apr 21st, 2024 at 0.19544050

Smart Scan Analysis for RONCHF

Based on our trend formula, RONCHF is rated as a +65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+65
Smart Scan Analysis for RONCHF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.19671695 0.19691150 0.19622650 0.19623769 -0.00047900
Prev. Close Volume Bid Ask Time
0.19671695 2024-04-26 10:37:26
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