Forex Trend Analysis Report
Prepared for you on Thursday, September 21, 2023.
Australian Dollar/Romanian Leu (FOREX:AUDRON)
Crossroads (+60) - AUDRON is struggling to move into a solid trend. Beware of choppy markets 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.
MarketClub’s Trade Triangles for AUDRON
The long-term trend has been DOWN since Oct 4th, 2022 at 3.2121236
The intermediate-term trend has been UP since Sep 4th, 2023 at 2.9643045
The short-term trend has been UP since Sep 14th, 2023 at 2.9821432
Smart Scan Analysis for AUDRON
Based on our trend formula, AUDRON is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).