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Forex Trend Analysis Report

Prepared for you on Monday, July 15, 2024.

Australian Dollar/Romanian Leu (FOREX:AUDRON)

Sidelines Mode (+55) - AUDRON is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

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

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

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

FOREX_AUDRON
Open High Low AUDRON Price Change
3.0915621 3.0932414 3.0816182 3.0816182 -0.0099440
Entry Signal

MarketClub’s Trade Triangles for AUDRON

long term up The long-term trend has been UP since May 3rd, 2024 at 3.0506204

intermediate term up The intermediate-term trend has been UP since Jun 11th, 2024 at 3.0646875

short term down The short-term trend has been DOWN since Jul 12th, 2024 at 3.0919844

Smart Scan Analysis for AUDRON

Based on our trend formula, AUDRON is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for AUDRON
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
3.0915621 3.0932414 3.0816182 3.0816182 -0.0099440
Prev. Close Volume Bid Ask Time
3.0915621 2024-07-15 14:26:16
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