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Forex Trend Analysis Report

Prepared for you on Sunday, May 19, 2019.

Euro/Romanian Leu (FOREX:EURRON)

Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with tight money management stops.

The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.

FOREX_EURRON
Open High Low EURRON Price Change
4.7618 4.7640 4.7600 4.7603 -0.0015
Entry Signal

MarketClub’s Trade Triangles for EURRON

long term up The long term trend has been UP since Jan 1st, 2019 at 4.6759

intermediate term down The intermediate term trend has been DOWN since May 6th, 2019 at 4.7499

short term up The short term trend has been UP since May 8th, 2019 at 4.7609

Smart Scan Analysis for EURRON

Based on a pre-defined weighted trend formula for chart analysis, EURRON scored +75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+75
Smart Scan Analysis for EURRON
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
4.7618 4.7640 4.7600 4.7603 -0.0015
Prev. Close Volume Bid Ask Time
4.7619 4.7578 4.7628 2019-05-17 18:07:47
Want to analyze Euro/Romanian Leu EURRON or another symbol? Try our Free Forex Trend Analysis Report.