Forex Trend Analysis Report
Prepared for you on Saturday, December 16, 2017.
/Swiss Franc (FOREX:RONCHF)
Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with 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.
MarketClub’s Trade Triangles for RONCHF
The long term trend has been UP since Apr 25th, 2017 at 0.239325
The intermediate term trend has been UP since Dec 7th, 2017 at 0.252839
The short term trend has been DOWN since Dec 11th, 2017 at 0.251826
Smart Scan Analysis for RONCHF
Based on a pre-defined weighted trend formula for chart analysis, RONCHF scored +75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).