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Forex Trend Analysis Report

Prepared for you on Tuesday, March 19, 2024.

Australian Dollar/Romanian Leu (FOREX:AUDRON)

Strong Downtrend (-100) - AUDRON is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, AUDRON continues to fall. Traders should use caution and set stops.

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
2.9906081 2.9906081 2.9851678 2.9851678 -0.0054400
Entry Signal

MarketClub’s Trade Triangles for AUDRON

long term down The long-term trend has been DOWN since Mar 5th, 2024 at 2.9759958

intermediate term down The intermediate-term trend has been DOWN since Jan 8th, 2024 at 3.0383880

short term down The short-term trend has been DOWN since Mar 11th, 2024 at 3.0009056

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).

-100
Smart Scan Analysis for AUDRON
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.9906081 2.9906081 2.9851678 2.9851678 -0.0054400
Prev. Close Volume Bid Ask Time
2.9906081 2024-03-19 01:22:16
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