Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Saturday, July 2, 2022.

Romanian Leu/US Dollar (FOREX:RONUSD)

Long-Term Downtrend (-90) - RONUSD is in a strong downtrend that is likely to continue. While RONUSD 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 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.

FOREX_RONUSD
Open High Low RONUSD Price Change
0.21131844 0.21174419 0.20952945 0.21083264 -0.00048600
Entry Signal

MarketClub’s Trade Triangles for RONUSD

long term down The long-term trend has been DOWN since Mar 4th, 2021 at 0.24517052

intermediate term down The intermediate-term trend has been DOWN since Jun 13th, 2022 at 0.21255364

short term down The short-term trend has been DOWN since Jun 28th, 2022 at 0.21251733

Smart Scan Analysis for RONUSD

Based on our trend formula, RONUSD is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for RONUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.21131844 0.21174419 0.20952945 0.21083264 -0.00048600
Prev. Close Volume Bid Ask Time
0.21131844 2022-07-01 17:22:23
Get a free daily analysis and signals for Romanian Leu/US Dollar (RONUSD) - Request Your Free Report.