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Forex Trend Analysis Report

Prepared for you on Friday, November 27, 2020.

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
4.5122579 4.5131336 4.5008240 4.5049705 -0.0072870
Entry Signal

MarketClub’s Trade Triangles for CHFRON

long term up The long-term trend has been UP since Oct 15th, 2020 at 4.5631908

intermediate term down The intermediate-term trend has been DOWN since Nov 9th, 2020 at 4.5349178

short term down The short-term trend has been DOWN since Nov 24th, 2020 at 4.5034747

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
4.5122579 4.5131336 4.5008240 4.5049705 -0.0072870
Prev. Close Volume Bid Ask Time
4.5122579 2020-11-27 12:23:43
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