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Forex Trend Analysis Report

Prepared for you on Sunday, February 28, 2021.

Romanian Leu/Euro (FOREX:RONEUR)

Bear Market Rally (-75) - RONEUR is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on RONEUR as it may be in the beginning of a reversal.

Is it time to buy, sell, or avoid RONEUR?

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

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

FOREX_RONEUR
Open High Low RONEUR Price Change
0.20509460 0.20521245 0.20502732 0.20505675 -0.00003800
Entry Signal

MarketClub’s Trade Triangles for RONEUR

long term down The long-term trend has been DOWN since Feb 12th, 2021 at 0.20486981

intermediate term down The intermediate-term trend has been DOWN since Feb 12th, 2021 at 0.20491809

short term up The short-term trend has been UP since Feb 23rd, 2021 at 0.20519561

Smart Scan Analysis for RONEUR

Based on our trend formula, RONEUR is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-75
Smart Scan Analysis for RONEUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.20509460 0.20521245 0.20502732 0.20505675 -0.00003800
Prev. Close Volume Bid Ask Time
0.20510091 2021-02-26 17:12:08
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