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Forex Trend Analysis Report

Prepared for you on Thursday, December 26, 2024.

Romanian Leu/Euro (FOREX:RONEUR)

Crossroads (-60) - RONEUR is struggling to move into a solid trend. Beware of choppy markets 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
0.20101581 0.20101581 0.20099334 0.20099334 -0.00002200
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 up The intermediate-term trend has been UP since Dec 6th, 2024 at 0.20103740

short term up The short-term trend has been UP since Dec 24th, 2024 at 0.20103129

Smart Scan Analysis for RONEUR

Based on our trend formula, RONEUR is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-60
Smart Scan Analysis for RONEUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.20101581 0.20101581 0.20099334 0.20099334 -0.00002200
Prev. Close Volume Bid Ask Time
0.20101581 2024-12-26 04:49:29
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