Forex Trend Analysis Report
Prepared for you on Saturday, March 25, 2023.
Romanian Leu/US Dollar (FOREX:RONUSD)
Strong Uptrend (+100) - RONUSD is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, RONUSD continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
Is it time to buy, sell, or avoid RONUSD?
MarketClub looks at technical strength and momentum to determine if the timing is right for RONUSD.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for RONUSD
The long-term trend has been UP since Nov 11th, 2022 at 0.21146590
The intermediate-term trend has been UP since Mar 21st, 2023 at 0.21890007
The short-term trend has been UP since Mar 20th, 2023 at 0.21743087
Smart Scan Analysis for RONUSD
Based on our trend formula, RONUSD is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).