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Forex Trend Analysis Report

Prepared for you on Monday, May 25, 2020.

Canadian Dollar/Romanian Leu (FOREX:CADRON)

Sidelines Mode (-55) - CADRON 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 CADRON?

MarketClub looks at technical strength and momentum to determine if the timing is right for CADRON.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_CADRON
Open High Low CADRON Price Change
3.1806628 3.1828876 3.1783328 3.1797436 -0.0009190
Entry Signal

MarketClub’s Trade Triangles for CADRON

long term down The long-term trend has been DOWN since Mar 2nd, 2020 at 3.2374191

intermediate term down The intermediate-term trend has been DOWN since May 3rd, 2020 at 3.1316050

short term up The short-term trend has been UP since May 25th, 2020 at 3.1783945

Smart Scan Analysis for CADRON

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

-55
Smart Scan Analysis for CADRON
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
3.1806628 3.1828876 3.1783328 3.1797436 -0.0009190
Prev. Close Volume Bid Ask Time
3.1806628 3.1780691 3.1814182 2020-05-25 05:20:13
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