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Forex Trend Analysis Report

Prepared for you on Saturday, April 13, 2024.

Romanian Leu/Euro (FOREX:RONEUR)

Countertrend Up (+85) - RONEUR is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score 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
0.2012077 0.2012077 0.2012077 0.2012077 0.0000000
Entry Signal

MarketClub’s Trade Triangles for RONEUR

long term up The long-term trend has been UP since Feb 29th, 2024 at 0.20149108

intermediate term up The intermediate-term trend has been UP since Feb 26th, 2024 at 0.20111620

short term down The short-term trend has been DOWN since Apr 10th, 2024 at 0.20123964

Smart Scan Analysis for RONEUR

Based on our trend formula, RONEUR is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+85
Smart Scan Analysis for RONEUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.2012077 0.2012077 0.2012077 0.2012077 0.0000000
Prev. Close Volume Bid Ask Time
0.2012077 2024-04-13 14:02:01
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