Forex Trend Analysis Report
Prepared for you on Thursday, February 25, 2021.
Australian Dollar/Romanian Leu (FOREX:AUDRON)
Long-Term Uptrend (+90) - AUDRON is in a strong uptrend that is likely to continue. While AUDRON is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
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 UP since Nov 11th, 2020 at 3.0119933
The intermediate-term trend has been UP since Dec 10th, 2020 at 3.0213053
The short-term trend has been UP since Feb 3rd, 2021 at 3.0899775
Smart Scan Analysis for AUDRON
Based on our trend formula, AUDRON is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).