Forex Trend Analysis Report
Prepared for you on Friday, December 4, 2020.
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.
MarketClub’s Trade Triangles for CHFRON
The long-term trend has been UP since Oct 15th, 2020 at 4.5631908
The intermediate-term trend has been DOWN since Nov 9th, 2020 at 4.5349178
The short-term trend has been DOWN since Nov 24th, 2020 at 4.5034747
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).