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Forex Trend Analysis Report

Prepared for you on Monday, February 17, 2020.

Romanian Leu/US Dollar (FOREX:RONUSD)

Smart Scan Chart Analysis confirms that a strong downtrend is in place and that the market remains negative longer term. Strong Downtrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.

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
0.22742275 0.22742292 0.22709216 0.22709238 -0.00033000
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 down The intermediate term trend has been DOWN since Jan 20th, 2020 at 0.23192178

short term down The short term trend has been DOWN since Feb 5th, 2020 at 0.23093653

Smart Scan Analysis for RONUSD

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

-100
Smart Scan Analysis for RONUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.22742275 0.22742292 0.22709216 0.22709238 -0.00033000
Prev. Close Volume Bid Ask Time
0.22742275 0.22683452 0.22735023 2020-02-16 21:04:45
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