Forex Trend Analysis Report
Prepared for you on Thursday, June 30, 2022.
Romanian Leu/Euro (FOREX:RONEUR)
Countertrend Down (-85) - RONEUR is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score 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.
MarketClub’s Trade Triangles for RONEUR
The long-term trend has been DOWN since Apr 25th, 2022 at 0.20187751
The intermediate-term trend has been DOWN since Jun 15th, 2022 at 0.20186529
The short-term trend has been UP since Jun 24th, 2022 at 0.20228997
Smart Scan Analysis for RONEUR
Based on our trend formula, RONEUR is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).