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Forex Trend Analysis Report

Prepared for you on Tuesday, March 19, 2019.

/US Dollar (FOREX:RONUSD)

Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down trend could be changing and moving into a trading range Sidelines Mode.

The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.

FOREX_RONUSD
Open High Low RONUSD Price Change
0.23855 0.23855 0.23855 0.23855 0.00000
Entry Signal

MarketClub’s Trade Triangles for RONUSD

long term down The long term trend has been DOWN since May 2nd, 2018 at 0.258755

intermediate term down The intermediate term trend has been DOWN since Jan 17th, 2019 at 0.242755

short term up The short term trend has been UP since Mar 12th, 2019 at 0.237320

Smart Scan Analysis for RONUSD

Based on a pre-defined weighted trend formula for chart analysis, RONUSD scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-55
Smart Scan Analysis for RONUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.23855 0.23855 0.23855 0.23855 0.00000
Prev. Close Volume Bid Ask Time
0.23855 0.23827 0.23883 2019-03-19 00:02:47
Want to analyze /US Dollar RONUSD or another symbol? Try our Free Forex Trend Analysis Report.