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Forex Trend Analysis Report

Prepared for you on Monday, August 15, 2022.

Swiss Franc/Romanian Leu (FOREX:CHFRON)

Long-Term Uptrend (+90) - CHFRON is in a strong uptrend that is likely to continue. While CHFRON is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.

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
5.0539267 5.0556454 5.0470719 5.0486772 -0.0052490
Entry Signal

MarketClub’s Trade Triangles for CHFRON

long term up The long-term trend has been UP since Feb 23rd, 2022 at 4.8008346

intermediate term up The intermediate-term trend has been UP since Jun 16th, 2022 at 4.8328984

short term up The short-term trend has been UP since Aug 10th, 2022 at 5.0535384

Smart Scan Analysis for CHFRON

Based on our trend formula, CHFRON is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+90
Smart Scan Analysis for CHFRON
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
5.0539267 5.0556454 5.0470719 5.0486772 -0.0052490
Prev. Close Volume Bid Ask Time
5.0539267 2022-08-15 03:23:17
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