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Forex Trend Analysis Report

Prepared for you on Sunday, April 14, 2024.

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.

FOREX_CHFRON
Open High Low CHFRON Price Change
5.1113420 5.1314574 5.1063504 5.1077445 -0.0035970
Entry Signal

MarketClub’s Trade Triangles for CHFRON

long term down The long-term trend has been DOWN since Mar 1st, 2024 at 5.1799683

intermediate term down The intermediate-term trend has been DOWN since Jan 19th, 2024 at 5.2611635

short term up The short-term trend has been UP since Apr 11th, 2024 at 5.0770168

Smart Scan Analysis for CHFRON

Based on our trend formula, CHFRON is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-65
Smart Scan Analysis for CHFRON
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
5.1113420 5.1314574 5.1063504 5.1077445 -0.0035970
Prev. Close Volume Bid Ask Time
5.1113420 2024-04-14 23:26:40
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