Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Tuesday, August 16, 2022.

Romanian Leu/Euro (FOREX:RONEUR)

Long-Term Uptrend (+90) - RONEUR is in a strong uptrend that is likely to continue. While RONEUR 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 RONEUR?

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

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

FOREX_RONEUR
Open High Low RONEUR Price Change
0.20685524 0.20685524 0.20446347 0.20494748 -0.00190800
Entry Signal

MarketClub’s Trade Triangles for RONEUR

long term up The long-term trend has been UP since Aug 8th, 2022 at 0.20347541

intermediate term up The intermediate-term trend has been UP since Jul 11th, 2022 at 0.20241691

short term up The short-term trend has been UP since Aug 8th, 2022 at 0.20311378

Smart Scan Analysis for RONEUR

Based on our trend formula, RONEUR is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+90
Smart Scan Analysis for RONEUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.20685524 0.20685524 0.20446347 0.20494748 -0.00190800
Prev. Close Volume Bid Ask Time
0.20685524 2022-08-16 16:01:07
Get a free daily analysis and signals for Romanian Leu/Euro (RONEUR) - Request Your Free Report.