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Forex Trend Analysis Report

Prepared for you on Saturday, March 6, 2021.

Romanian Leu/Swiss Franc (FOREX:RONCHF)

Long-Term Uptrend (+90) - RONCHF is in a strong uptrend that is likely to continue. While RONCHF is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.

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
0.22762272 0.22784007 0.22640663 0.22692344 -0.00069900
Entry Signal

MarketClub’s Trade Triangles for RONCHF

long term up The long-term trend has been UP since Dec 31st, 2020 at 0.22477777

intermediate term up The intermediate-term trend has been UP since Feb 19th, 2021 at 0.22259063

short term up The short-term trend has been UP since Feb 15th, 2021 at 0.22188965

Smart Scan Analysis for RONCHF

Based on our trend formula, RONCHF is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+90
Smart Scan Analysis for RONCHF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.22762272 0.22784007 0.22640663 0.22692344 -0.00069900
Prev. Close Volume Bid Ask Time
0.22762272 2021-03-05 17:04:12
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