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Forex Trend Analysis Report

Prepared for you on Tuesday, March 9, 2021.

Swiss Franc/Romanian Leu (FOREX:CHFRON)

Long-Term Downtrend (-90) - CHFRON is in a strong downtrend that is likely to continue. While CHFRON is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

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
4.4035688 4.4084609 4.3934698 4.4069844 +0.0034160
Entry Signal

MarketClub’s Trade Triangles for CHFRON

long term down The long-term trend has been DOWN since Dec 31st, 2020 at 4.4486588

intermediate term down The intermediate-term trend has been DOWN since Feb 19th, 2021 at 4.4926652

short term down The short-term trend has been DOWN since Feb 15th, 2021 at 4.5075584

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
4.4035688 4.4084609 4.3934698 4.4069844 +0.0034160
Prev. Close Volume Bid Ask Time
4.4035688 2021-03-09 06:21:54
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