Forex Trend Analysis Report
Prepared for you on Thursday, February 25, 2021.
Canadian Dollar/Romanian Leu (FOREX:CADRON)
Long-Term Uptrend (+90) - CADRON is in a strong uptrend that is likely to continue. While CADRON 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 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 Jan 20th, 2021 at 3.1740853
The intermediate-term trend has been UP since Jan 12th, 2021 at 3.1407231
The short-term trend has been UP since Feb 15th, 2021 at 3.1713696
Smart Scan Analysis for CADRON
Based on our trend formula, CADRON is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).