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Forex Trend Analysis Report
Prepared for you on Friday, July 26, 2024.
Canadian Dollar/Romanian Leu (FOREX:CADRON)
Strong Downtrend (-100) - CADRON is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, CADRON continues to fall. Traders should use caution and set stops.
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.
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MarketClub’s Trade Triangles for CADRON
The long-term trend has been DOWN since Mar 11th, 2024 at 3.3629354
The intermediate-term trend has been DOWN since Jul 7th, 2024 at 3.3652578
The short-term trend has been DOWN since Jul 11th, 2024 at 3.3641156
Smart Scan Analysis for CADRON
Based on our trend formula, CADRON is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 3.3142554 | 3.3172766 | 3.3086077 | 3.3089148 | -0.0053410 |
| Prev. Close | Volume | Bid | Ask | Time |
| 3.3142554 | 2024-07-26 17:00:05 |