Forex Trend Analysis Report
Prepared for you on Sunday, September 24, 2023.
Canadian Dollar/Romanian Leu (FOREX:CADRON)
Strong Uptrend (+100) - CADRON is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, CADRON continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
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.
MarketClub’s Trade Triangles for CADRON
The long-term trend has been UP since Jun 1st, 2023 at 3.4334331
The intermediate-term trend has been UP since Sep 1st, 2023 at 3.3759150
The short-term trend has been UP since Sep 14th, 2023 at 3.4257135
Smart Scan Analysis for CADRON
Based on our trend formula, CADRON is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).