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Forex Trend Analysis Report

Prepared for you on Thursday, September 21, 2023.

Australian Dollar/Romanian Leu (FOREX:AUDRON)

Crossroads (+60) - AUDRON is struggling to move into a solid trend. Beware of choppy markets 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
2.9955606 2.9975791 2.9904754 2.9904754 -0.0050850
Entry Signal

MarketClub’s Trade Triangles for AUDRON

long term down The long-term trend has been DOWN since Oct 4th, 2022 at 3.2121236

intermediate term up The intermediate-term trend has been UP since Sep 4th, 2023 at 2.9643045

short term up The short-term trend has been UP since Sep 14th, 2023 at 2.9821432

Smart Scan Analysis for AUDRON

Based on our trend formula, AUDRON is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+60
Smart Scan Analysis for AUDRON
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.9955606 2.9975791 2.9904754 2.9904754 -0.0050850
Prev. Close Volume Bid Ask Time
2.9955606 2023-09-21 04:13:35
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