Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Tuesday, May 21, 2024.

Romanian Leu/Swiss Franc (FOREX:RONCHF)

Strong Uptrend (+100) - RONCHF is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, RONCHF continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.

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

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

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

FOREX_RONCHF
Open High Low RONCHF Price Change
0.19876050 0.19932600 0.19845000 0.19880934 +0.00004900
Entry Signal

MarketClub’s Trade Triangles for RONCHF

long term up The long-term trend has been UP since Mar 1st, 2024 at 0.19307343

intermediate term up The intermediate-term trend has been UP since May 15th, 2024 at 0.19770977

short term up The short-term trend has been UP since May 7th, 2024 at 0.19658013

Smart Scan Analysis for RONCHF

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

+100
Smart Scan Analysis for RONCHF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.19876050 0.19932600 0.19845000 0.19880934 +0.00004900
Prev. Close Volume Bid Ask Time
0.19876050 2024-05-21 13:18:43
Get a free daily analysis and signals for Romanian Leu/Swiss Franc (RONCHF) - Request Your Free Report.