Forex Trend Analysis Report
Prepared for you on Wednesday, March 21, 2018.
/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 DOWN since Jan 29th, 2018 at 0.248243
The intermediate term trend has been UP since Mar 5th, 2018 at 0.248511
The short term trend has been UP since Mar 16th, 2018 at 0.251200
Smart Scan Analysis for RONCHF
Based on a pre-defined weighted trend formula for chart analysis, RONCHF scored +70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).