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Forex Trend Analysis Report

Prepared for you on Monday, March 30, 2020.

US Dollar/Romanian Leu (FOREX:USDRON)

Sidelines Mode (+55) - USDRON is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

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
4.3598 4.3717 4.3577 4.3595 -0.0003
Entry Signal

MarketClub’s Trade Triangles for USDRON

long term up The long-term trend has been UP since Mar 18th, 2020 at 4.4503

intermediate term up The intermediate-term trend has been UP since Mar 18th, 2020 at 4.4463

short term down The short-term trend has been DOWN since Mar 24th, 2020 at 4.4726

Smart Scan Analysis for USDRON

Based on our trend formula, USDRON is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for USDRON
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
4.3598 4.3717 4.3577 4.3595 -0.0003
Prev. Close Volume Bid Ask Time
4.3598 4.3570 4.3620 2020-03-30 06:16:44
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