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Forex Trend Analysis Report
Prepared for you on Monday, October 7, 2024.
Romanian Leu/Euro (FOREX:RONEUR)
Strong Downtrend (-100) - RONEUR is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, RONEUR continues to fall. Traders should use caution and set stops.
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.
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MarketClub’s Trade Triangles for RONEUR
The long-term trend has been DOWN since Oct 1st, 2024 at 0.20067652
The intermediate-term trend has been DOWN since Oct 1st, 2024 at 0.20094646
The short-term trend has been DOWN since Oct 1st, 2024 at 0.20094646
Smart Scan Analysis for RONEUR
Based on our trend formula, RONEUR is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.20088394 | 0.20095053 | 0.20078714 | 0.20091216 | +0.00002800 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.20088394 | 2024-10-07 07:20:34 |