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Forex Trend Analysis Report

Prepared for you on Thursday, April 18, 2024.

Romanian Leu/Swiss Franc (FOREX:RONCHF)

Weak Downtrend (-65) - RONCHF is showing signs of a strengthening downtrend. Monitor RONCHF as it may be building momentum to the downside.

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
0.19525283 0.19544050 0.19477093 0.19515061 -0.00010200
Entry Signal

MarketClub’s Trade Triangles for RONCHF

long term up The long-term trend has been UP since Mar 1st, 2024 at 0.19307343

intermediate term down The intermediate-term trend has been DOWN since Apr 15th, 2024 at 0.19463800

short term down The short-term trend has been DOWN since Apr 11th, 2024 at 0.19694680

Smart Scan Analysis for RONCHF

Based on our trend formula, RONCHF is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for RONCHF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.19525283 0.19544050 0.19477093 0.19515061 -0.00010200
Prev. Close Volume Bid Ask Time
0.19525283 2024-04-18 16:41:40
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