Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Sunday, January 16, 2022.

Romanian Leu/Swiss Franc (FOREX:RONCHF)

Sidelines Mode (+55) - RONCHF is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

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
0.21129144 0.21140150 0.21071050 0.21101979 -0.00027200
Entry Signal

MarketClub’s Trade Triangles for RONCHF

long term down The long-term trend has been DOWN since Jun 8th, 2021 at 0.22176569

intermediate term up The intermediate-term trend has been UP since Jan 10th, 2022 at 0.21139050

short term down The short-term trend has been DOWN since Jan 13th, 2022 at 0.21088214

Smart Scan Analysis for RONCHF

Based on our trend formula, RONCHF is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for RONCHF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.21129144 0.21140150 0.21071050 0.21101979 -0.00027200
Prev. Close Volume Bid Ask Time
0.21129144 2022-01-14 17:04:54
Get a free daily analysis and signals for Romanian Leu/Swiss Franc (RONCHF) - Request Your Free Report.