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Forex Trend Analysis Report

Prepared for you on Sunday, December 8, 2024.

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.

FOREX_AUDRON
Open High Low AUDRON Price Change
3.0060481 3.0102818 3.0060481 3.0102818 +0.0042340
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 Dec 4th, 2024 at 3.0419577

short term down 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 -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-60
Smart Scan Analysis for AUDRON
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
3.0060481 3.0102818 3.0060481 3.0102818 +0.0042340
Prev. Close Volume Bid Ask Time
3.0060481 2024-12-07 20:17:26
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