Forex Trend Analysis Report
Prepared for you on Tuesday, March 19, 2024.
Romanian Leu/Swiss Franc (FOREX:RONCHF)
Long-Term Uptrend (+90) - RONCHF is in a strong uptrend that is likely to continue. While RONCHF is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
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.
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MarketClub’s Trade Triangles for RONCHF
The long-term trend has been UP since Mar 1st, 2024 at 0.19307343
The intermediate-term trend has been UP since Jan 19th, 2024 at 0.19008288
The short-term trend has been UP since Mar 13th, 2024 at 0.19359794
Smart Scan Analysis for RONCHF
Based on our trend formula, RONCHF is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
Open | High | Low | Price | Change |
---|---|---|---|---|
0.19422411 | 0.19445150 | 0.19346650 | 0.19357575 | -0.00064800 |
Prev. Close | Volume | Bid | Ask | Time |
0.19422411 | 2024-03-19 05:58:18 |