Analyze Symbol

Forex Trend Analysis Report

Prepared for you on Friday, January 17, 2020.

Romanian Leu/US Dollar (FOREX:RONUSD)

Smart Scan Chart Analysis is showing some near term rallying power. However, this market remains in the confines of a longer-term Downtrend with tight money management stops.

The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.

FOREX_RONUSD
Open High Low RONUSD Price Change
0.23299712 0.23310200 0.23193277 0.23206734 -0.00093000
Entry Signal

MarketClub’s Trade Triangles for RONUSD

long term down The long term trend has been DOWN since Jul 31st, 2019 at 0.23338000

intermediate term up The intermediate term trend has been UP since Dec 3rd, 2019 at 0.23215893

short term down The short term trend has been DOWN since Jan 17th, 2020 at 0.23233944

Smart Scan Analysis for RONUSD

Based on a pre-defined weighted trend formula for chart analysis, RONUSD scored -75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-75
Smart Scan Analysis for RONUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.23299712 0.23310200 0.23193277 0.23206734 -0.00093000
Prev. Close Volume Bid Ask Time
0.23299712 0.23179806 0.23233661 2020-01-17 13:14:09
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