Analyze Symbol

Forex Trend Analysis Report

Prepared for you on Monday, September 16, 2019.

US Dollar/Romanian Leu (FOREX:USDRON)

Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term positive trend to resume. Uptrend with money management stops.

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_USDRON
Open High Low USDRON Price Change
4.27420 4.29520 4.27391 4.29520 +0.02100
Entry Signal

MarketClub’s Trade Triangles for USDRON

long term up The long term trend has been UP since Aug 1st, 2019 at 4.2849

intermediate term up The intermediate term trend has been UP since Aug 29th, 2019 at 4.2741

short term down The short term trend has been DOWN since Sep 13th, 2019 at 4.2770

Smart Scan Analysis for USDRON

Based on a pre-defined weighted trend formula for chart analysis, USDRON scored +85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+85
Smart Scan Analysis for USDRON
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
4.27420 4.29520 4.27391 4.29520 +0.02100
Prev. Close Volume Bid Ask Time
4.27420 4.29030 4.30010 2019-09-16 10:08:44
Want to analyze US Dollar/Romanian Leu USDRON or another symbol? Try our Free Forex Trend Analysis Report.