Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Thursday, December 26, 2024.

Australian Dollar/Romanian Leu (FOREX:AUDRON)

Long-Term Downtrend (-90) - AUDRON is in a strong downtrend that is likely to continue. While AUDRON is showing intraday strength, it remains in the confines of a bearish trend. 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.

FOREX_AUDRON
Open High Low AUDRON Price Change
2.9835581 2.9846985 2.9784101 2.9813030 -0.0022550
Entry Signal

MarketClub’s Trade Triangles for AUDRON

long term down The long-term trend has been DOWN since Dec 18th, 2024 at 2.9910384

intermediate term down The intermediate-term trend has been DOWN since Dec 4th, 2024 at 3.0419577

short term down The short-term trend has been DOWN since Dec 4th, 2024 at 3.0628036

Smart Scan Analysis for AUDRON

Based on our trend formula, AUDRON is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for AUDRON
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.9835581 2.9846985 2.9784101 2.9813030 -0.0022550
Prev. Close Volume Bid Ask Time
2.9835581 2024-12-26 05:27:20
Get a free daily analysis and signals for Australian Dollar/Romanian Leu (AUDRON) - Request Your Free Report.