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Forex Trend Analysis Report
Prepared for you on Wednesday, November 20, 2024.
Romanian Leu/Euro (FOREX:RONEUR)
Long-Term Downtrend (-90) - RONEUR is in a strong downtrend that is likely to continue. While RONEUR is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
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.
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MarketClub’s Trade Triangles for RONEUR
The long-term trend has been DOWN since Oct 1st, 2024 at 0.20067652
The intermediate-term trend has been DOWN since Nov 12th, 2024 at 0.20094243
The short-term trend has been DOWN since Nov 19th, 2024 at 0.20093233
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).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.20095656 | 0.20096262 | 0.20095252 | 0.20095252 | -0.00000400 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.20095656 | 2024-11-20 03:03:35 |