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Forex Trend Analysis Report

Prepared for you on Thursday, October 21, 2021.

Swiss Franc/Romanian Leu (FOREX:CHFRON)

Strong Uptrend (+100) - CHFRON is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, CHFRON continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.

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
4.6157363 4.6283629 4.6151522 4.6282666 +0.0125300
Entry Signal

MarketClub’s Trade Triangles for CHFRON

long term up The long-term trend has been UP since Jun 8th, 2021 at 4.5086590

intermediate term up The intermediate-term trend has been UP since Sep 30th, 2021 at 4.5793059

short term up The short-term trend has been UP since Oct 21st, 2021 at 4.6214892

Smart Scan Analysis for CHFRON

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

+100
Smart Scan Analysis for CHFRON
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
4.6157363 4.6283629 4.6151522 4.6282666 +0.0125300
Prev. Close Volume Bid Ask Time
4.6157363 2021-10-21 08:19:08
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