Forex Trend Analysis Report
Prepared for you on Thursday, October 21, 2021.
Romanian Leu/Euro (FOREX:RONEUR)
Bull Market Weakness (+75) - RONEUR is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on RONEUR as it may be in the beginning stages of a reversal.
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.
MarketClub’s Trade Triangles for RONEUR
The long-term trend has been DOWN since Sep 2nd, 2021 at 0.20252349
The intermediate-term trend has been UP since Oct 15th, 2021 at 0.20228588
The short-term trend has been UP since Oct 20th, 2021 at 0.20222452
Smart Scan Analysis for RONEUR
Based on our trend formula, RONEUR is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).