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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.

FOREX_AUDRON
Open High Low AUDRON Price Change
3.1900897 3.1968959 3.1747123 3.1757866 -0.0143030
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 Dec 10th, 2020 at 3.0213053

short term up 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).

+90
Smart Scan Analysis for AUDRON
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
3.1900897 3.1968959 3.1747123 3.1757866 -0.0143030
Prev. Close Volume Bid Ask Time
3.1900897 2021-02-25 10:43:29
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