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Forex Trend Analysis Report

Prepared for you on Monday, May 23, 2022.

Romanian Leu/Swiss Franc (FOREX:RONCHF)

Weak Downtrend (-65) - RONCHF is showing signs of a strengthening downtrend. Monitor RONCHF as it may be building momentum to the downside.

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
0.20796617 0.20893298 0.20759875 0.20868998 +0.00072400
Entry Signal

MarketClub’s Trade Triangles for RONCHF

long term down The long-term trend has been DOWN since Feb 23rd, 2022 at 0.20825050

intermediate term up The intermediate-term trend has been UP since Apr 24th, 2022 at 0.20980929

short term down The short-term trend has been DOWN since May 18th, 2022 at 0.21055511

Smart Scan Analysis for RONCHF

Based on our trend formula, RONCHF is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-65
Smart Scan Analysis for RONCHF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.20796617 0.20893298 0.20759875 0.20868998 +0.00072400
Prev. Close Volume Bid Ask Time
0.20796617 2022-05-23 14:29:50
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