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Forex Trend Analysis Report

Prepared for you on Sunday, September 15, 2019.

Romanian Leu/Swiss Franc (FOREX:RONCHF)

Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-trend could be changing and moving into a trading range Sidelines Mode.

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
0.231338 0.231848 0.230825 0.231713 +0.000375
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 up The intermediate term trend has been UP since Sep 9th, 2019 at 0.231467

short term down The short term trend has been DOWN since Sep 12th, 2019 at 0.230305

Smart Scan Analysis for RONCHF

Based on a pre-defined weighted trend formula for chart analysis, RONCHF scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+55
Smart Scan Analysis for RONCHF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.231338 0.231848 0.230825 0.231713 +0.000375
Prev. Close Volume Bid Ask Time
0.231338 0.231395 0.232031 2019-09-13 16:48:51
Want to analyze Romanian Leu/Swiss Franc RONCHF or another symbol? Try our Free Forex Trend Analysis Report.