Forex Trend Analysis Report
Prepared for you on Friday, November 1, 2024.
Canadian Dollar/Romanian Leu (FOREX:CADRON)
Bear Market Rally (-75) - CADRON is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on CADRON as it may be in the beginning of a reversal.
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 DOWN since Mar 11th, 2024 at 3.3629354
The intermediate-term trend has been DOWN since Oct 30th, 2024 at 3.2968125
The short-term trend has been UP since Oct 29th, 2024 at 3.3188793
Smart Scan Analysis for CADRON
Based on our trend formula, CADRON is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
Open | High | Low | Price | Change |
---|---|---|---|---|
3.2822282 | 3.2938870 | 3.2804020 | 3.2907599 | +0.0085320 |
Prev. Close | Volume | Bid | Ask | Time |
3.2822282 | 2024-11-01 12:46:52 |