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Forex Trend Analysis Report
Prepared for you on Friday, July 26, 2024.
Australian Dollar/Romanian Leu (FOREX:AUDRON)
Strong Downtrend (-100) - AUDRON is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, AUDRON continues to fall. Traders should use caution and set stops.
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.
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MarketClub’s Trade Triangles for AUDRON
The long-term trend has been DOWN since Jul 25th, 2024 at 2.9884421
The intermediate-term trend has been DOWN since Jul 16th, 2024 at 3.0740972
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 -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
![Smart Scan Analysis for AUDRON](/img/sites/trend-web/images/trend-slider.png)
Open | High | Low | Price | Change |
---|---|---|---|---|
3.0008063 | 3.0071130 | 2.9996953 | 2.9996953 | -0.0011110 |
Prev. Close | Volume | Bid | Ask | Time |
3.0008063 | 2024-07-26 17:00:05 |