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.
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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 UP since Mar 28th, 2024 at 3.3891048
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).
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 |