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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.

FOREX_RONEUR
Open High Low RONEUR Price Change
0.20088394 0.20095053 0.20078714 0.20091216 +0.00002800
Entry Signal

MarketClub’s Trade Triangles for RONEUR

long term down The long-term trend has been DOWN since Oct 1st, 2024 at 0.20067652

intermediate term down The intermediate-term trend has been DOWN since Oct 1st, 2024 at 0.20094646

short term down 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).

-100
Smart Scan Analysis for RONEUR
Strong Downtrend Sideways 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
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