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Forex Trend Analysis Report

Prepared for you on Wednesday, July 18, 2018.

/Swiss Franc (FOREX:RONCHF)

Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down trend could be changing and moving into a trading range Sidelines Mode.

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
0.250752 0.250858 0.249240 0.249956 -0.000796
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 Jul 9th, 2018 at 0.249779

short term down The short term trend has been DOWN since Jul 18th, 2018 at 0.249780

Smart Scan Analysis for RONCHF

Based on a pre-defined weighted trend formula for chart analysis, RONCHF scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-55
Smart Scan Analysis for RONCHF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.250752 0.250858 0.249240 0.249956 -0.000796
Prev. Close Volume Bid Ask Time
0.250752 0.249594 0.250319 2018-07-18 17:20:16
Want to analyze /Swiss Franc RONCHF or another symbol? Try our Free Forex Trend Analysis Report.