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Forex Trend Analysis Report

Prepared for you on Wednesday, July 6, 2022.

Euro/Romanian Leu (FOREX:EURRON)

Bull Market Weakness (+75) - EURRON is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on EURRON as it may be in the beginning stages of a reversal.

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
4.9452 4.9482 4.9420 4.9432 -0.0020
Entry Signal

MarketClub’s Trade Triangles for EURRON

long term up The long-term trend has been UP since Apr 25th, 2022 at 4.9535

intermediate term up The intermediate-term trend has been UP since Jun 15th, 2022 at 4.9538

short term up The short-term trend has been UP since Jul 6th, 2022 at 4.9479

Smart Scan Analysis for EURRON

Based on our trend formula, EURRON is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+70
Smart Scan Analysis for EURRON
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
4.9452 4.9482 4.9420 4.9432 -0.0020
Prev. Close Volume Bid Ask Time
4.9452 2022-07-06 15:45:31
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