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Forex Trend Analysis Report

Prepared for you on Monday, September 16, 2019.

Australian Dollar/Romanian Leu (FOREX:AUDRON)

Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term positive trend to resume. Uptrend with money management stops.

The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.

FOREX_AUDRON
Open High Low AUDRON Price Change
2.91845 2.93865 2.91845 2.93775 +0.01930
Entry Signal

MarketClub’s Trade Triangles for AUDRON

long term up The long term trend has been UP since Sep 12th, 2019 at 2.97475

intermediate term up The intermediate term trend has been UP since Sep 3rd, 2019 at 2.89995

short term down The short term trend has been DOWN since Sep 13th, 2019 at 2.93555

Smart Scan Analysis for AUDRON

Based on a pre-defined weighted trend formula for chart analysis, AUDRON scored +85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+85
Smart Scan Analysis for AUDRON
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.91845 2.93865 2.91845 2.93775 +0.01930
Prev. Close Volume Bid Ask Time
2.91845 2.93620 2.93930 2019-09-15 20:00:22
Want to analyze Australian Dollar/Romanian Leu AUDRON or another symbol? Try our Free Forex Trend Analysis Report.