Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Friday, June 21, 2024.

US Dollar/Romanian Leu (FOREX:USDRON)

Strong Uptrend (+100) - USDRON is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, USDRON continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.

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.

FOREX_USDRON
Open High Low USDRON Price Change
4.6439 4.6640 4.6416 4.6573 +0.0134
Entry Signal

MarketClub’s Trade Triangles for USDRON

long term up The long-term trend has been UP since Apr 12th, 2024 at 4.6529

intermediate term up The intermediate-term trend has been UP since Jun 9th, 2024 at 4.6133

short term up The short-term trend has been UP since Jun 21st, 2024 at 4.6507

Smart Scan Analysis for USDRON

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

+100
Smart Scan Analysis for USDRON
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
4.6439 4.6640 4.6416 4.6573 +0.0134
Prev. Close Volume Bid Ask Time
4.6439 2024-06-21 06:27:54
Get a free daily analysis and signals for US Dollar/Romanian Leu (USDRON) - Request Your Free Report.