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Forex Trend Analysis Report

Prepared for you on Thursday, November 30, 2023.

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, RONCHF continues to fall. Traders should use caution and set stops.

Is it time to buy, sell, or avoid RONCHF?

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
0.19263133 0.19276893 0.19207900 0.19237421 -0.00025700
Entry Signal

MarketClub’s Trade Triangles for RONCHF

long term down The long-term trend has been DOWN since Apr 13th, 2023 at 0.19741650

intermediate term down The intermediate-term trend has been DOWN since Nov 29th, 2023 at 0.19317253

short term down The short-term trend has been DOWN since Nov 22nd, 2023 at 0.19372818

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
0.19263133 0.19276893 0.19207900 0.19237421 -0.00025700
Prev. Close Volume Bid Ask Time
0.19263133 2023-11-30 05:00:00
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