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Forex Trend Analysis Report

Prepared for you on Thursday, October 21, 2021.

Romanian Leu/US Dollar (FOREX:RONUSD)

Weak Downtrend (-65) - RONUSD is showing signs of a strengthening downtrend. Monitor RONUSD as it may be building momentum to the downside.

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
0.23583826 0.23584938 0.23514506 0.23526099 -0.00057700
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 Sep 17th, 2021 at 0.23727077

short term up The short-term trend has been UP since Oct 19th, 2021 at 0.23538306

Smart Scan Analysis for RONUSD

Based on our trend formula, RONUSD is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-65
Smart Scan Analysis for RONUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.23583826 0.23584938 0.23514506 0.23526099 -0.00057700
Prev. Close Volume Bid Ask Time
0.23583826 2021-10-21 07:00:54
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