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Forex Trend Analysis Report

Prepared for you on Thursday, March 28, 2024.

Canadian Dollar/Romanian Leu (FOREX:CADRON)

Bull Market Weakness (+75) - CADRON is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on CADRON as it may be in the beginning stages 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.

FOREX_CADRON
Open High Low CADRON Price Change
3.3844630 3.4024783 3.3844630 3.4008895 +0.0164260
Entry Signal

MarketClub’s Trade Triangles for CADRON

long term down The long-term trend has been DOWN since Mar 11th, 2024 at 3.3629354

intermediate term up The intermediate-term trend has been UP since Mar 28th, 2024 at 3.3891048

short term up The short-term trend has been UP since Mar 21st, 2024 at 3.3805731

Smart Scan Analysis for CADRON

Based on our trend formula, CADRON is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+70
Smart Scan Analysis for CADRON
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
3.3844630 3.4024783 3.3844630 3.4008895 +0.0164260
Prev. Close Volume Bid Ask Time
3.3844630 2024-03-28 17:30:15
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