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Forex Trend Analysis Report

Prepared for you on Monday, October 25, 2021.

US Dollar/Romanian Leu (FOREX:USDRON)

Countertrend Up (+85) - USDRON is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.

Is it time to buy, sell, or avoid USDRON?

MarketClub looks at technical strength and momentum to determine if the timing is right for USDRON.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_USDRON
Open High Low USDRON Price Change
4.2424 4.2679 4.2411 4.2621 +0.0197
Entry Signal

MarketClub’s Trade Triangles for USDRON

long term up The long-term trend has been UP since Mar 4th, 2021 at 4.0788

intermediate term up The intermediate-term trend has been UP since Sep 28th, 2021 at 4.2369

short term up The short-term trend has been UP since Oct 25th, 2021 at 4.2570

Smart Scan Analysis for USDRON

Based on our trend formula, USDRON is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+80
Smart Scan Analysis for USDRON
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
4.2424 4.2679 4.2411 4.2621 +0.0197
Prev. Close Volume Bid Ask Time
4.2424 2021-10-25 19:49:08
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