Forex Trend Analysis Report
Prepared for you on Tuesday, March 19, 2024.
Canadian Dollar/Romanian Leu (FOREX:CADRON)
Countertrend Down (-85) - CADRON is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score 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 Feb 20th, 2024 at 3.4073947
The short-term trend has been UP since Mar 13th, 2024 at 3.3739118
Smart Scan Analysis for CADRON
Based on our trend formula, CADRON is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
Open | High | Low | Price | Change |
---|---|---|---|---|
3.3758236 | 3.3805731 | 3.3669435 | 3.3675794 | -0.0082440 |
Prev. Close | Volume | Bid | Ask | Time |
3.3758236 | 2024-03-19 10:04:20 |