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.
MarketClub’s Trade Triangles for CHFRON
The long-term trend has been UP since Jun 8th, 2021 at 4.5086590
The intermediate-term trend has been UP since Sep 30th, 2021 at 4.5793059
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).