Analyze Symbol

Forex Trend Analysis Report

Prepared for you on Monday, April 23, 2018.

/US Dollar (FOREX:RONUSD)

Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very tight money management 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
0.263575 0.263975 0.261890 0.262015 -0.001560
Entry Signal

MarketClub’s Trade Triangles for RONUSD

long term up The long term trend has been UP since Jan 2nd, 2018 at 0.259090

intermediate term down The intermediate term trend has been DOWN since Feb 27th, 2018 at 0.262235

short term down The short term trend has been DOWN since Apr 20th, 2018 at 0.264830

Smart Scan Analysis for RONUSD

Based on a pre-defined weighted trend formula for chart analysis, RONUSD scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-70
Smart Scan Analysis for RONUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.263575 0.263975 0.261890 0.262015 -0.001560
Prev. Close Volume Bid Ask Time
0.263575 0.261670 0.262360 2018-04-23 23:13:38
Want to analyze /US Dollar RONUSD or another symbol? Try our Free Forex Trend Analysis Report.