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Forex Trend Analysis Report

Prepared for you on Tuesday, April 16, 2024.

Australian Dollar/Romanian Leu (FOREX:AUDRON)

Bear Market Rally (-75) - AUDRON is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on AUDRON as it may be in the beginning of a reversal.

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
3.0089502 3.0125971 3.0028738 3.0076574 -0.0012930
Entry Signal

MarketClub’s Trade Triangles for AUDRON

long term down The long-term trend has been DOWN since Mar 5th, 2024 at 2.9759958

intermediate term up The intermediate-term trend has been UP since Apr 4th, 2024 at 3.0187217

short term down The short-term trend has been DOWN since Apr 15th, 2024 at 3.0137094

Smart Scan Analysis for AUDRON

Based on our trend formula, AUDRON is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-75
Smart Scan Analysis for AUDRON
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
3.0089502 3.0125971 3.0028738 3.0076574 -0.0012930
Prev. Close Volume Bid Ask Time
3.0089502 2024-04-16 02:56:57
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