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Forex Trend Analysis Report

Prepared for you on Saturday, January 18, 2020.

Swiss Franc/Romanian Leu (FOREX:CHFRON)

Smart Scan Chart Analysis continues positive longer term. Look for this market to remain firm. Strong Uptrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.

The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.

FOREX_CHFRON
Open High Low CHFRON Price Change
4.4536558 4.4536558 4.4536558 4.4536558 0.0000000
Entry Signal

MarketClub’s Trade Triangles for CHFRON

long term up The long term trend has been UP since May 29th, 2018 at 4.0620500

intermediate term up The intermediate term trend has been UP since Nov 6th, 2019 at 4.3322570

short term up The short term trend has been UP since Jan 7th, 2020 at 4.4167766

Smart Scan Analysis for CHFRON

Based on a pre-defined weighted trend formula for chart analysis, CHFRON scored +90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+90
Smart Scan Analysis for CHFRON
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
4.4536558 4.4536558 4.4536558 4.4536558 0.0000000
Prev. Close Volume Bid Ask Time
4.4536558 4.4510715 4.4562401 2020-01-18 01:06:19
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