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Forex Trend Analysis Report

Prepared for you on Friday, September 22, 2023.

Swiss Franc/Romanian Leu (FOREX:CHFRON)

Weak Downtrend (-65) - CHFRON is showing signs of a strengthening downtrend. Monitor CHFRON as it may be building momentum to the downside.

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
5.1571444 5.1657114 5.1394414 5.1404321 -0.0167120
Entry Signal

MarketClub’s Trade Triangles for CHFRON

long term up The long-term trend has been UP since May 15th, 2023 at 5.0756610

intermediate term down The intermediate-term trend has been DOWN since Sep 21st, 2023 at 5.1457786

short term down The short-term trend has been DOWN since Sep 18th, 2023 at 5.1779889

Smart Scan Analysis for CHFRON

Based on our trend formula, CHFRON is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for CHFRON
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
5.1571444 5.1657114 5.1394414 5.1404321 -0.0167120
Prev. Close Volume Bid Ask Time
5.1571444 2023-09-22 12:04:43
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