Forex Trend Analysis Report
Prepared for you on Monday, May 25, 2020.
Australian Dollar/Romanian Leu (FOREX:AUDRON)
Bull Market Weakness (+75) - AUDRON is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on AUDRON as it may be in the beginning stages of a reversal.
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.
MarketClub’s Trade Triangles for AUDRON
The long-term trend has been DOWN since Jan 31st, 2020 at 2.9002340
The intermediate-term trend has been UP since Apr 6th, 2020 at 2.7176792
The short-term trend has been UP since May 18th, 2020 at 2.8987260
Smart Scan Analysis for AUDRON
Based on our trend formula, AUDRON is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).