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Forex Trend Analysis Report

Prepared for you on Monday, October 25, 2021.

Canadian Dollar/Romanian Leu (FOREX:CADRON)

Long-Term Uptrend (+90) - CADRON is in a strong uptrend that is likely to continue. While CADRON is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.

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
3.4371244 3.4379462 3.4356063 3.4356063 -0.0015180
Entry Signal

MarketClub’s Trade Triangles for CADRON

long term up The long-term trend has been UP since Sep 30th, 2021 at 3.3718818

intermediate term up The intermediate-term trend has been UP since Sep 23rd, 2021 at 3.3297444

short term up The short-term trend has been UP since Oct 22nd, 2021 at 3.4498412

Smart Scan Analysis for CADRON

Based on our trend formula, CADRON is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+90
Smart Scan Analysis for CADRON
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
3.4371244 3.4379462 3.4356063 3.4356063 -0.0015180
Prev. Close Volume Bid Ask Time
3.4371244 2021-10-25 03:13:15
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