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Forex Trend Analysis Report

Prepared for you on Saturday, October 20, 2018.

/Swiss Franc (FOREX:RONCHF)

Smart Scan Chart Analysis shows the current uptrend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Uptrend with very tight 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_RONCHF
Open High Low RONCHF Price Change
0.244330 0.246134 0.244063 0.245761 +0.001431
Entry Signal

MarketClub’s Trade Triangles for RONCHF

long term down The long term trend has been DOWN since May 29th, 2018 at 0.245902

intermediate term up The intermediate term trend has been UP since Oct 1st, 2018 at 0.244990

short term up The short term trend has been UP since Oct 19th, 2018 at 0.246046

Smart Scan Analysis for RONCHF

Based on a pre-defined weighted trend formula for chart analysis, RONCHF scored +60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+60
Smart Scan Analysis for RONCHF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.244330 0.246134 0.244063 0.245761 +0.001431
Prev. Close Volume Bid Ask Time
0.244330 0.245409 0.246113 2018-10-19 17:54:44
Want to analyze /Swiss Franc RONCHF or another symbol? Try our Free Forex Trend Analysis Report.