Analyze Symbol

Forex Trend Analysis Report

Prepared for you on Monday, August 19, 2019.

Romanian Leu/Swiss Franc (FOREX:RONCHF)

Smart Scan Chart Analysis is showing some near term rallying power. However, this market remains in the confines of a longer-term Downtrend with tight money management stops.

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_RONCHF
Open High Low RONCHF Price Change
0.229878 0.230109 0.229399 0.229997 +0.000119
Entry Signal

MarketClub’s Trade Triangles for RONCHF

long term down The long term trend has been DOWN since May 29th, 2018 at 0.245902

intermediate term down The intermediate term trend has been DOWN since Jul 12th, 2019 at 0.234136

short term up The short term trend has been UP since Aug 14th, 2019 at 0.231187

Smart Scan Analysis for RONCHF

Based on a pre-defined weighted trend formula for chart analysis, RONCHF scored -75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-75
Smart Scan Analysis for RONCHF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.229878 0.230109 0.229399 0.229997 +0.000119
Prev. Close Volume Bid Ask Time
0.229878 0.229680 0.230314 2019-08-19 08:50:20
Want to analyze Romanian Leu/Swiss Franc RONCHF or another symbol? Try our Free Forex Trend Analysis Report.