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Forex Trend Analysis Report

Prepared for you on Tuesday, August 16, 2022.

Australian Dollar/Romanian Leu (FOREX:AUDRON)

Sidelines Mode (-55) - AUDRON is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

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.

FOREX_AUDRON
Open High Low AUDRON Price Change
3.3440205 3.3809619 3.3436843 3.3661692 +0.0221490
Entry Signal

MarketClub’s Trade Triangles for AUDRON

long term down The long-term trend has been DOWN since Jul 1st, 2022 at 3.2259159

intermediate term up The intermediate-term trend has been UP since Jul 7th, 2022 at 3.3290014

short term down The short-term trend has been DOWN since Aug 15th, 2022 at 3.3673413

Smart Scan Analysis for AUDRON

Based on our trend formula, AUDRON is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-55
Smart Scan Analysis for AUDRON
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
3.3440205 3.3809619 3.3436843 3.3661692 +0.0221490
Prev. Close Volume Bid Ask Time
3.3440205 2022-08-16 21:18:03
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