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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.
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MarketClub’s Trade Triangles for CHFRON
The long-term trend has been DOWN since Jan 20th, 2025 at 5.2655770
The intermediate-term trend has been DOWN since Dec 30th, 2024 at 5.2838895
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).
| 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 |