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Forex Trend Analysis Report

Prepared for you on Monday, November 30, 2020.

Australian Dollar/Romanian Leu (FOREX:AUDRON)

Countertrend Up (+85) - AUDRON is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score 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.

FOREX_AUDRON
Open High Low AUDRON Price Change
3.0015613 3.0031624 2.9909746 3.0017302 +0.0001690
Entry Signal

MarketClub’s Trade Triangles for AUDRON

long term up The long-term trend has been UP since Nov 11th, 2020 at 3.0119933

intermediate term up The intermediate-term trend has been UP since Nov 4th, 2020 at 2.9830709

short term down The short-term trend has been DOWN since Nov 30th, 2020 at 3.0019814

Smart Scan Analysis for AUDRON

Based on our trend formula, AUDRON is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+85
Smart Scan Analysis for AUDRON
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
3.0015613 3.0031624 2.9909746 3.0017302 +0.0001690
Prev. Close Volume Bid Ask Time
3.0015613 2020-11-30 18:19:13
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