Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Saturday, October 26, 2024.

Australian Dollar/Romanian Leu (FOREX:AUDRON)

Weak Downtrend (-65) - AUDRON is showing signs of a strengthening downtrend. Monitor AUDRON as it may be building momentum to the downside.

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
3.0449851 3.0523473 3.0418923 3.0469274 +0.0019420
Entry Signal

MarketClub’s Trade Triangles for AUDRON

long term up The long-term trend has been UP since Oct 1st, 2024 at 3.1047100

intermediate term down The intermediate-term trend has been DOWN since Oct 25th, 2024 at 3.0445620

short term down The short-term trend has been DOWN since Oct 23rd, 2024 at 3.0597116

Smart Scan Analysis for AUDRON

Based on our trend formula, AUDRON is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for AUDRON
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
3.0449851 3.0523473 3.0418923 3.0469274 +0.0019420
Prev. Close Volume Bid Ask Time
3.0449851 2024-10-25 10:06:43
Get a free daily analysis and signals for Australian Dollar/Romanian Leu (AUDRON) - Request Your Free Report.