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Forex Trend Analysis Report
Prepared for you on Thursday, May 9, 2024.
Romanian Leu/Euro (FOREX:RONEUR)
Crossroads (-60) - RONEUR is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid RONEUR?
MarketClub looks at technical strength and momentum to determine if the timing is right for RONEUR.
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 RONEUR
The long-term trend has been UP since Feb 29th, 2024 at 0.20149108
The intermediate-term trend has been DOWN since Apr 15th, 2024 at 0.20100104
The short-term trend has been DOWN since May 7th, 2024 at 0.20095272
Smart Scan Analysis for RONEUR
Based on our trend formula, RONEUR is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.20098281 | 0.20099695 | 0.20097276 | 0.20099291 | +0.00001000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.20098281 | 2024-05-09 05:15:31 |