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Forex Trend Analysis Report

Prepared for you on Saturday, April 4, 2020.

Euro/Romanian Leu (FOREX:EURRON)

Weak Uptrend (+65) - EURRON is showing signs of weakening momentum to the upside. Monitor EURRON as it may be in the beginning stages of a reversal.

Is it time to buy, sell, or avoid EURRON?

MarketClub looks at technical strength and momentum to determine if the timing is right for EURRON.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_EURRON
Open High Low EURRON Price Change
4.8360 4.8362 4.8276 4.8282 -0.0078
Entry Signal

MarketClub’s Trade Triangles for EURRON

long term up The long-term trend has been UP since Sep 20th, 2019 at 4.7535

intermediate term up The intermediate-term trend has been UP since Feb 18th, 2020 at 4.7823

short term down The short-term trend has been DOWN since Mar 24th, 2020 at 4.8391

Smart Scan Analysis for EURRON

Based on our trend formula, EURRON is rated as a +65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+65
Smart Scan Analysis for EURRON
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
4.8360 4.8362 4.8276 4.8282 -0.0078
Prev. Close Volume Bid Ask Time
4.8360 4.8257 4.8307 2020-04-03 17:10:10
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