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Forex Trend Analysis Report

Prepared for you on Sunday, December 5, 2021.

Romanian Leu/US Dollar (FOREX:RONUSD)

Countertrend Down (-85) - RONUSD 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 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
0.22789958 0.22789975 0.22789958 0.22789975 0.00000000
Entry Signal

MarketClub’s Trade Triangles for RONUSD

long term down The long-term trend has been DOWN since Mar 4th, 2021 at 0.24517052

intermediate term down The intermediate-term trend has been DOWN since Nov 5th, 2021 at 0.23280750

short term up The short-term trend has been UP since Nov 26th, 2021 at 0.22779073

Smart Scan Analysis for RONUSD

Based on our trend formula, RONUSD is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-85
Smart Scan Analysis for RONUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.22789958 0.22789975 0.22789958 0.22789975 0.00000000
Prev. Close Volume Bid Ask Time
0.22789958 2021-12-05 19:34:52
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