Analyze Symbol

Forex Trend Analysis Report

Prepared for you on Tuesday, July 17, 2018.

/US Dollar (FOREX:RONUSD)

Smart Scan Chart Analysis shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend with very tight stops.

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_RONUSD
Open High Low RONUSD Price Change
0.251355 0.252105 0.250520 0.250520 -0.000835
Entry Signal

MarketClub’s Trade Triangles for RONUSD

long term down The long term trend has been DOWN since May 2nd, 2018 at 0.258755

intermediate term up The intermediate term trend has been UP since Jul 9th, 2018 at 0.252345

short term up The short term trend has been UP since Jul 16th, 2018 at 0.251225

Smart Scan Analysis for RONUSD

Based on a pre-defined weighted trend formula for chart analysis, RONUSD scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-60
Smart Scan Analysis for RONUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.251355 0.252105 0.250520 0.250520 -0.000835
Prev. Close Volume Bid Ask Time
0.251355 0.250360 0.250680 2018-07-17 19:34:43
Want to analyze /US Dollar RONUSD or another symbol? Try our Free Forex Trend Analysis Report.