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Forex Trend Analysis Report
Prepared for you on Friday, November 22, 2024.
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.
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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 Nov 12th, 2024 at 0.20094243
The short-term trend has been UP since Nov 22nd, 2024 at 0.20096869
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).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.20094045 | 0.20098892 | 0.20093213 | 0.20093641 | -0.00000400 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.20094045 | 2024-11-22 17:13:00 |