Analyze Symbol

Forex Trend Analysis Report

Prepared for you on Wednesday, January 29, 2020.

Australian Dollar/Romanian Leu (FOREX:AUDRON)

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_AUDRON
Open High Low AUDRON Price Change
2.9388737 2.9388737 2.9301618 2.9316263 -0.0072470
Entry Signal

MarketClub’s Trade Triangles for AUDRON

long term up The long term trend has been UP since Sep 12th, 2019 at 2.9747500

intermediate term down The intermediate term trend has been DOWN since Jan 27th, 2020 at 2.9353489

short term down The short term trend has been DOWN since Jan 27th, 2020 at 2.9493679

Smart Scan Analysis for AUDRON

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

-70
Smart Scan Analysis for AUDRON
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.9388737 2.9388737 2.9301618 2.9316263 -0.0072470
Prev. Close Volume Bid Ask Time
2.9388737 2.9300926 2.9331599 2020-01-29 06:24:23
Get a free daily report for Australian Dollar/Romanian Leu (AUDRON) - Free Trend Analysis Report.