Forex Trend Analysis Report
Prepared for you on Monday, November 30, 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.
MarketClub’s Trade Triangles for CADRON
The long-term trend has been UP since Nov 3rd, 2020 at 3.1664577
The intermediate-term trend has been UP since Nov 3rd, 2020 at 3.1664577
The short-term trend has been DOWN since Nov 27th, 2020 at 3.1394225
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).