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Forex Trend Analysis Report
Prepared for you on Wednesday, November 20, 2024.
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.
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MarketClub’s Trade Triangles for RONCHF
The long-term trend has been DOWN since Jun 14th, 2024 at 0.19228600
The intermediate-term trend has been DOWN since Nov 18th, 2024 at 0.18767496
The short-term trend has been DOWN since Nov 18th, 2024 at 0.18779200
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).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.18803231 | 0.18824527 | 0.18778540 | 0.18780004 | -0.00023200 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.18803231 | 2024-11-20 03:40:04 |