Forex Trend Analysis Report
Prepared for you on Wednesday, April 14, 2021.
Australian Dollar/Romanian Leu (FOREX:AUDRON)
Strong Uptrend (+100) - AUDRON is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, AUDRON continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
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 UP since Nov 11th, 2020 at 3.0119933
The intermediate-term trend has been UP since Dec 10th, 2020 at 3.0213053
The short-term trend has been UP since Apr 14th, 2021 at 3.1606189
Smart Scan Analysis for AUDRON
Based on our trend formula, AUDRON is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).