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Forex Trend Analysis Report

Prepared for you on Tuesday, March 21, 2023.

Romanian Leu/Swiss Franc (FOREX:RONCHF)

Bull Market Weakness (+75) - RONCHF is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on RONCHF as it may be in the beginning stages of a reversal.

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
0.2021638 0.2028550 0.2021460 0.2024885 +0.0003250
Entry Signal

MarketClub’s Trade Triangles for RONCHF

long term up The long-term trend has been UP since Jan 24th, 2023 at 0.20447650

intermediate term down The intermediate-term trend has been DOWN since Feb 20th, 2023 at 0.20089706

short term up The short-term trend has been UP since Mar 16th, 2023 at 0.20099636

Smart Scan Analysis for RONCHF

Based on our trend formula, RONCHF is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+75
Smart Scan Analysis for RONCHF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.2021638 0.2028550 0.2021460 0.2024885 +0.0003250
Prev. Close Volume Bid Ask Time
0.2021638 2023-03-21 09:43:59
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