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Forex Trend Analysis Report

Prepared for you on Sunday, March 7, 2021.

Canadian Dollar/Romanian Leu (FOREX:CADRON)

Strong Uptrend (+100) - CADRON is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, CADRON continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.

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
3.2237120 3.2396365 3.2157435 3.2396365 +0.0159250
Entry Signal

MarketClub’s Trade Triangles for CADRON

long term up The long-term trend has been UP since Jan 20th, 2021 at 3.1740853

intermediate term up The intermediate-term trend has been UP since Jan 12th, 2021 at 3.1407231

short term up The short-term trend has been UP since Mar 2nd, 2021 at 3.2049627

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).

+100
Smart Scan Analysis for CADRON
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
3.2237120 3.2396365 3.2157435 3.2396365 +0.0159250
Prev. Close Volume Bid Ask Time
3.2237120 2021-03-05 17:01:01
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