Free Daily Analysis
Forex Trend Analysis Report
Prepared for you on Friday, July 26, 2024.
Euro/Romanian Leu (FOREX:EURRON)
Weak Downtrend (-65) - EURRON is showing signs of a strengthening downtrend. Monitor EURRON as it may be building momentum to the downside.
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.
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MarketClub’s Trade Triangles for EURRON
The long-term trend has been UP since May 22nd, 2024 at 4.97875
The intermediate-term trend has been DOWN since Jun 18th, 2024 at 4.97400
The short-term trend has been DOWN since Jul 25th, 2024 at 4.96970
Smart Scan Analysis for EURRON
Based on our trend formula, EURRON is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
-70
Strong Downtrend
Sideways
Strong Uptrend
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 4.96845 | 4.97230 | 4.96805 | 4.97090 | +0.00245 |
| Prev. Close | Volume | Bid | Ask | Time |
| 4.96845 | 2024-07-26 17:00:05 |
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