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.
|
|||||||||||||||
|
|||||||||||||||
MarketClub’s Trade Triangles for USDRON
The long term trend has been UP since Aug 1st, 2019 at 4.2849
The intermediate term trend has been UP since Aug 29th, 2019 at 4.2741
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).
| 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 |