Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Monday, March 8, 2021.

Euro/Romanian Leu (FOREX:EURRON)

Long-Term Uptrend (+90) - EURRON is in a strong uptrend that is likely to continue. While EURRON 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 EURRON?

MarketClub looks at technical strength and momentum to determine if the timing is right for EURRON.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_EURRON
Open High Low EURRON Price Change
4.88290 4.88890 4.88215 4.88660 +0.00370
Entry Signal

MarketClub’s Trade Triangles for EURRON

long term up The long-term trend has been UP since Feb 12th, 2021 at 4.88115

intermediate term up The intermediate-term trend has been UP since Feb 12th, 2021 at 4.88000

short term up The short-term trend has been UP since Mar 8th, 2021 at 4.88565

Smart Scan Analysis for EURRON

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

+90
Smart Scan Analysis for EURRON
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
4.88290 4.88890 4.88215 4.88660 +0.00370
Prev. Close Volume Bid Ask Time
4.88290 2021-03-08 20:38:52
Get a free daily analysis and signals for Euro/Romanian Leu (EURRON) - Request Your Free Report.