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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.
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MarketClub’s Trade Triangles for CHFRON
The long-term trend has been UP since May 15th, 2023 at 5.0756610
The intermediate-term trend has been DOWN since Sep 21st, 2023 at 5.1457786
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).
| 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 |