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Forex Trend Analysis Report
Prepared for you on Wednesday, June 7, 2023.
Romanian Leu/Euro (FOREX:RONEUR)
Sidelines Mode (-55) - RONEUR is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
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 Nov 30th, 2022 at 0.20188163
The intermediate-term trend has been DOWN since May 16th, 2023 at 0.20225724
The short-term trend has been UP since Jun 7th, 2023 at 0.20169835
Smart Scan Analysis for RONEUR
Based on our trend formula, RONEUR is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.20160076 | 0.20176753 | 0.20148297 | 0.20170584 | +0.00010500 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.20160076 | 2023-06-07 05:50:54 |