Free Daily Analysis
Forex Trend Analysis Report
Prepared for you on Tuesday, May 21, 2024.
US Dollar/Romanian Leu (FOREX:USDRON)
Weak Downtrend (-65) - USDRON is showing signs of a strengthening downtrend. Monitor USDRON as it may be building momentum to the downside.
Is it time to buy, sell, or avoid USDRON?
MarketClub looks at technical strength and momentum to determine if the timing is right for USDRON.
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 USDRON
The long-term trend has been UP since Apr 12th, 2024 at 4.6529
The intermediate-term trend has been DOWN since May 14th, 2024 at 4.6034
The short-term trend has been DOWN since May 13th, 2024 at 4.6102
Smart Scan Analysis for USDRON
Based on our trend formula, USDRON is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
-70
Strong Downtrend
Sideways
Strong Uptrend
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 4.5821 | 4.5878 | 4.5683 | 4.5815 | -0.0006 |
| Prev. Close | Volume | Bid | Ask | Time |
| 4.5821 | 2024-05-21 21:14:42 |
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