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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.
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MarketClub’s Trade Triangles for CHFRON
The long-term trend has been UP since Feb 23rd, 2022 at 4.8008346
The intermediate-term trend has been UP since Jun 16th, 2022 at 4.8328984
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).
| 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 |