Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Thursday, March 28, 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
2.9969201 3.0019538 2.9913728 3.0014372 +0.0045170
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 down The intermediate-term trend has been DOWN since Jan 8th, 2024 at 3.0383880

short term up The short-term trend has been UP since Mar 20th, 2024 at 3.0014882

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
2.9969201 3.0019538 2.9913728 3.0014372 +0.0045170
Prev. Close Volume Bid Ask Time
2.9969201 2024-03-28 11:59:32
Get a free daily analysis and signals for Australian Dollar/Romanian Leu (AUDRON) - Request Your Free Report.