Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Tuesday, February 4, 2025.

Swiss Franc/Romanian Leu (FOREX:CHFRON)

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

Is it time to buy, sell, or avoid CHFRON?

MarketClub looks at technical strength and momentum to determine if the timing is right for CHFRON.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_CHFRON
Open High Low CHFRON Price Change
5.2924312 5.3043288 5.2910736 5.2977351 +0.0053040
Entry Signal

MarketClub’s Trade Triangles for CHFRON

long term down The long-term trend has been DOWN since Jan 20th, 2025 at 5.2655770

intermediate term down The intermediate-term trend has been DOWN since Dec 30th, 2024 at 5.2838895

short term down The short-term trend has been DOWN since Feb 2nd, 2025 at 5.2459993

Smart Scan Analysis for CHFRON

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

-70
Smart Scan Analysis for CHFRON
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
5.2924312 5.3043288 5.2910736 5.2977351 +0.0053040
Prev. Close Volume Bid Ask Time
5.2924312 2025-02-04 23:05:29
Get a free daily analysis and signals for Swiss Franc/Romanian Leu (CHFRON) - Request Your Free Report.