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Forex Trend Analysis Report
Prepared for you on Thursday, May 9, 2024.
Australian Dollar/Romanian Leu (FOREX:AUDRON)
Countertrend Up (+85) - AUDRON is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
Is it time to buy, sell, or avoid AUDRON?
MarketClub looks at technical strength and momentum to determine if the timing is right for AUDRON.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for AUDRON
The long-term trend has been UP since May 3rd, 2024 at 3.0506204
The intermediate-term trend has been UP since Apr 26th, 2024 at 3.0352504
The short-term trend has been DOWN since May 7th, 2024 at 3.0458734
Smart Scan Analysis for AUDRON
Based on our trend formula, AUDRON is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 3.0438294 | 3.0494165 | 3.0421317 | 3.0494165 | +0.0055870 |
| Prev. Close | Volume | Bid | Ask | Time |
| 3.0438294 | 2024-05-09 04:26:18 |