Forex Trend Analysis Report
Prepared for you on Wednesday, April 1, 2020.
Australian Dollar/Romanian Leu (FOREX:AUDRON)
Weak Downtrend (-65) - AUDRON is showing signs of a strengthening downtrend. Monitor AUDRON as it may be building momentum to the downside.
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.
MarketClub’s Trade Triangles for AUDRON
The long-term trend has been DOWN since Jan 31st, 2020 at 2.9002340
The intermediate-term trend has been DOWN since Feb 27th, 2020 at 2.8841234
The short-term trend has been DOWN since Apr 1st, 2020 at 2.6725493
Smart Scan Analysis for AUDRON
Based on our trend formula, AUDRON is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).