Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Monday, February 17, 2020.

Romanian Leu/Swiss Franc (FOREX:RONCHF)

Strong Downtrend (-100) - RONCHF is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.

Is it time to buy, sell, or avoid ?

MarketClub looks at technical strength and momentum to determine if the timing is right for RONCHF.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_RONCHF
Open High Low RONCHF Price Change
0.2230730 0.2231640 0.2222680 0.2223735 -0.0006990
Entry Signal

MarketClub’s Trade Triangles for RONCHF

long term down The long-term trend has been DOWN since May 29th, 2018 at 0.24590200

intermediate term down The intermediate-term trend has been DOWN since Dec 12th, 2019 at 0.22815845

short term down The short-term trend has been DOWN since Feb 10th, 2020 at 0.22373150

Smart Scan Analysis for RONCHF

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

-100
Smart Scan Analysis for RONCHF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.2230730 0.2231640 0.2222680 0.2223735 -0.0006990
Prev. Close Volume Bid Ask Time
0.2230730 0.2220760 0.2226710 2020-02-17 16:14:10
Get a free daily analysis and signals for Romanian Leu/Swiss Franc (RONCHF) - Request Your Free Report.