Analyze Symbol
Forex Trend Analysis Report
Prepared for you on Saturday, December 7, 2019.
US Dollar/Romanian Leu (FOREX:USDRON)
Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down trend could be changing and moving into a trading range Sidelines Mode.
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.
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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 DOWN since Dec 3rd, 2019 at 4.3074
The short term trend has been UP since Dec 6th, 2019 at 4.3167
Smart Scan Analysis for USDRON
Based on a pre-defined weighted trend formula for chart analysis, USDRON scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 4.30320 | 4.32775 | 4.30156 | 4.32110 | +0.01790 |
| Prev. Close | Volume | Bid | Ask | Time |
| 4.30320 | 4.31610 | 4.32610 | 2019-12-06 16:51:05 |