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Forex Trend Analysis Report
Prepared for you on Monday, May 25, 2020.
Swiss Franc/Romanian Leu (FOREX:CHFRON)
Sidelines Mode (-55) - CHFRON is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
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 29th, 2018 at 4.0620500
The intermediate-term trend has been DOWN since Apr 30th, 2020 at 4.5622705
The short-term trend has been UP since May 25th, 2020 at 4.5779693
Smart Scan Analysis for CHFRON
Based on our trend formula, CHFRON is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 4.5681476 | 4.5782177 | 4.5643841 | 4.5745526 | +0.0064050 |
| Prev. Close | Volume | Bid | Ask | Time |
| 4.5681476 | 4.5684630 | 4.5806422 | 2020-05-25 14:48:21 |