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Forex Trend Analysis Report
Prepared for you on Friday, July 26, 2024.
Romanian Leu/US Dollar (FOREX:RONUSD)
Sidelines Mode (+55) - RONUSD 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 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.
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MarketClub’s Trade Triangles for RONUSD
The long-term trend has been UP since Jul 12th, 2024 at 0.21943325
The intermediate-term trend has been UP since Jul 5th, 2024 at 0.21803619
The short-term trend has been DOWN since Jul 22nd, 2024 at 0.21879470
Smart Scan Analysis for RONUSD
Based on our trend formula, RONUSD is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.21851740 | 0.21867031 | 0.21819795 | 0.21838855 | -0.00012900 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.21851740 | 2024-07-26 17:00:03 |