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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.
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MarketClub’s Trade Triangles for AUDRON
The long-term trend has been DOWN since Dec 18th, 2024 at 2.9910384
The intermediate-term trend has been DOWN since Dec 4th, 2024 at 3.0419577
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).
| 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 |