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Forex Trend Analysis Report

Prepared for you on Saturday, May 30, 2020.

Canadian Dollar/Romanian Leu (FOREX:CADRON)

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

Is it time to buy, sell, or avoid CADRON?

MarketClub looks at technical strength and momentum to determine if the timing is right for CADRON.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_CADRON
Open High Low CADRON Price Change
3.1716706 3.1725898 3.1487445 3.1679749 -0.0036960
Entry Signal

MarketClub’s Trade Triangles for CADRON

long term down The long-term trend has been DOWN since Mar 2nd, 2020 at 3.2374191

intermediate term up The intermediate-term trend has been UP since May 26th, 2020 at 3.2043140

short term down The short-term trend has been DOWN since May 28th, 2020 at 3.1714036

Smart Scan Analysis for CADRON

Based on our trend formula, CADRON is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-65
Smart Scan Analysis for CADRON
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
3.1716706 3.1725898 3.1487445 3.1679749 -0.0036960
Prev. Close Volume Bid Ask Time
3.1716706 3.1663396 3.1696102 2020-05-29 17:09:03
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