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Forex Trend Analysis Report
Prepared for you on Thursday, January 16, 2025.
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.
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MarketClub’s Trade Triangles for RONUSD
The long-term trend has been DOWN since Nov 5th, 2024 at 0.21638490
The intermediate-term trend has been DOWN since Oct 4th, 2024 at 0.22119517
The short-term trend has been UP since Jan 15th, 2025 at 0.20722834
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).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.20678269 | 0.20728418 | 0.20630255 | 0.20715965 | +0.00037700 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.20678269 | 2025-01-16 21:28:29 |