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Forex Trend Analysis Report

Prepared for you on Friday, May 30, 2025.

Romanian Leu/British Pound (FOREX:RONGBP)

Sidelines Mode (-55) - RONGBP 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 RONGBP?

MarketClub looks at technical strength and momentum to determine if the timing is right for RONGBP.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_RONGBP
Open High Low RONGBP Price Change
0.16677393 0.16677393 0.16601570 0.16650614 -0.00026800
Entry Signal

MarketClub’s Trade Triangles for RONGBP

long term down The long-term trend has been DOWN since May 8th, 2025 at 0.16569198

intermediate term down The intermediate-term trend has been DOWN since Apr 28th, 2025 at 0.17102416

short term up The short-term trend has been UP since May 27th, 2025 at 0.16649945

Smart Scan Analysis for RONGBP

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

-55
Smart Scan Analysis for RONGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.16677393 0.16677393 0.16601570 0.16650614 -0.00026800
Prev. Close Volume Bid Ask Time
0.16677393 2025-05-30 14:53:03
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