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Forex Trend Analysis Report
Prepared for you on Friday, April 19, 2024.
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.
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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 Apr 9th, 2024 at 3.3657464
The short-term trend has been UP since Apr 19th, 2024 at 3.3980835
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).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 3.3951205 | 3.3985459 | 3.3872817 | 3.3944046 | -0.0007160 |
| Prev. Close | Volume | Bid | Ask | Time |
| 3.3951205 | 2024-04-19 17:03:01 |