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Forex Trend Analysis Report
Prepared for you on Tuesday, February 4, 2025.
Euro/Romanian Leu (FOREX:EURRON)
Crossroads (+60) - EURRON is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
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.
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MarketClub’s Trade Triangles for EURRON
The long-term trend has been DOWN since Jan 6th, 2025 at 4.966500
The intermediate-term trend has been UP since Jan 21st, 2025 at 4.977415
The short-term trend has been UP since Jan 31st, 2025 at 4.976750
Smart Scan Analysis for EURRON
Based on our trend formula, EURRON is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 4.9764 | 4.9770 | 4.9764 | 4.9766 | +0.0002 |
| Prev. Close | Volume | Bid | Ask | Time |
| 4.9764 | 2025-02-04 21:00:20 |