Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Wednesday, June 19, 2024.

Romanian Leu/US Dollar (FOREX:RONUSD)

Bear Market Rally (-75) - RONUSD is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on RONUSD as it may be in the beginning of a reversal.

Is it time to buy, sell, or avoid RONUSD?

MarketClub looks at technical strength and momentum to determine if the timing is right for RONUSD.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_RONUSD
Open High Low RONUSD Price Change
0.21580585 0.21608098 0.21553607 0.21594566 +0.00014000
Entry Signal

MarketClub’s Trade Triangles for RONUSD

long term down The long-term trend has been DOWN since Apr 12th, 2024 at 0.21491998

intermediate term down The intermediate-term trend has been DOWN since Jun 9th, 2024 at 0.21676483

short term up The short-term trend has been UP since Jun 18th, 2024 at 0.21583846

Smart Scan Analysis for RONUSD

Based on our trend formula, RONUSD is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-75
Smart Scan Analysis for RONUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.21580585 0.21608098 0.21553607 0.21594566 +0.00014000
Prev. Close Volume Bid Ask Time
0.21580585 2024-06-19 20:28:02
Get a free daily analysis and signals for Romanian Leu/US Dollar (RONUSD) - Request Your Free Report.