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Forex Trend Analysis Report
Prepared for you on Thursday, December 26, 2024.
US Dollar/Romanian Leu (FOREX:USDRON)
Long-Term Uptrend (+90) - USDRON is in a strong uptrend that is likely to continue. While USDRON is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
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 Nov 5th, 2024 at 4.6217
The intermediate-term trend has been UP since Oct 4th, 2024 at 4.5209
The short-term trend has been UP since Dec 10th, 2024 at 4.7174
Smart Scan Analysis for USDRON
Based on our trend formula, USDRON is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 4.7828 | 4.7880 | 4.7815 | 4.7833 | +0.0005 |
| Prev. Close | Volume | Bid | Ask | Time |
| 4.7828 | 2024-12-26 09:00:18 |