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.
MarketClub’s Trade Triangles for RONCHF
The long-term trend has been UP since Jan 24th, 2023 at 0.20447650
The intermediate-term trend has been DOWN since Feb 20th, 2023 at 0.20089706
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).