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Forex Trend Analysis Report
Prepared for you on Friday, September 20, 2024.
Swiss Franc/Romanian Leu (FOREX:CHFRON)
Bull Market Weakness (+75) - CHFRON is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on CHFRON as it may be in the beginning stages of a reversal.
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.
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MarketClub’s Trade Triangles for CHFRON
The long-term trend has been UP since Jun 14th, 2024 at 5.2002729
The intermediate-term trend has been UP since Jul 24th, 2024 at 5.1741281
The short-term trend has been UP since Sep 18th, 2024 at 5.3014777
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).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 5.2656896 | 5.2664938 | 5.2530348 | 5.2591540 | -0.0065360 |
| Prev. Close | Volume | Bid | Ask | Time |
| 5.2656896 | 2024-09-20 03:50:07 |