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Forex Trend Analysis Report

Prepared for you on Friday, November 27, 2020.

Australian Dollar/Romanian Leu (FOREX:AUDRON)

Long-Term Uptrend (+90) - AUDRON is in a strong uptrend that is likely to continue. While AUDRON is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.

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
3.0150682 3.0178044 3.0084991 3.0084991 -0.0065690
Entry Signal

MarketClub’s Trade Triangles for AUDRON

long term up The long-term trend has been UP since Nov 11th, 2020 at 3.0119933

intermediate term up The intermediate-term trend has been UP since Nov 4th, 2020 at 2.9830709

short term up The short-term trend has been UP since Nov 23rd, 2020 at 3.0100801

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
3.0150682 3.0178044 3.0084991 3.0084991 -0.0065690
Prev. Close Volume Bid Ask Time
3.0150682 2020-11-27 17:18:55
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