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Forex Trend Analysis Report

Prepared for you on Wednesday, August 12, 2020.

Romanian Leu/Euro (FOREX:RONEUR)

Sidelines Mode (+55) - RONEUR is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

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
0.20688520 0.20698369 0.20672695 0.20680177 -0.00008300
Entry Signal

MarketClub’s Trade Triangles for RONEUR

long term up The long-term trend has been UP since Jul 2nd, 2020 at 0.20691302

intermediate term up The intermediate-term trend has been UP since Jul 2nd, 2020 at 0.20691302

short term down The short-term trend has been DOWN since Aug 10th, 2020 at 0.20665005

Smart Scan Analysis for RONEUR

Based on our trend formula, RONEUR is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for RONEUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.20688520 0.20698369 0.20672695 0.20680177 -0.00008300
Prev. Close Volume Bid Ask Time
0.20688520 0.20669271 0.20691082 2020-08-12 07:17:17
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