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Forex Trend Analysis Report

Prepared for you on Wednesday, April 1, 2020.

US Dollar/Romanian Leu (FOREX:USDRON)

Long-Term Uptrend (+90) - USDRON is in a strong uptrend that is likely to continue. While USDRON is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution 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
4.3866 4.4325 4.3818 4.4233 +0.0367
Entry Signal

MarketClub’s Trade Triangles for USDRON

long term up The long-term trend has been UP since Mar 18th, 2020 at 4.4503

intermediate term up The intermediate-term trend has been UP since Mar 18th, 2020 at 4.4463

short term up The short-term trend has been UP since Mar 31st, 2020 at 4.4146

Smart Scan Analysis for USDRON

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

+90
Smart Scan Analysis for USDRON
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
4.3866 4.4325 4.3818 4.4233 +0.0367
Prev. Close Volume Bid Ask Time
4.3866 4.4208 4.4258 2020-04-01 14:22:21
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