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Forex Trend Analysis Report

Prepared for you on Monday, May 25, 2020.

Swiss Franc/Romanian Leu (FOREX:CHFRON)

Sidelines Mode (-55) - CHFRON is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid CHFRON?

MarketClub looks at technical strength and momentum to determine if the timing is right for CHFRON.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_CHFRON
Open High Low CHFRON Price Change
4.5681476 4.5782177 4.5643841 4.5745526 +0.0064050
Entry Signal

MarketClub’s Trade Triangles for CHFRON

long term up The long-term trend has been UP since May 29th, 2018 at 4.0620500

intermediate term down The intermediate-term trend has been DOWN since Apr 30th, 2020 at 4.5622705

short term up The short-term trend has been UP since May 25th, 2020 at 4.5779693

Smart Scan Analysis for CHFRON

Based on our trend formula, CHFRON is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-55
Smart Scan Analysis for CHFRON
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
4.5681476 4.5782177 4.5643841 4.5745526 +0.0064050
Prev. Close Volume Bid Ask Time
4.5681476 4.5684630 4.5806422 2020-05-25 14:48:21
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