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Forex Trend Analysis Report

Prepared for you on Friday, May 9, 2025.

Romanian Leu/South African Rand (FOREX:RONZAR)

Weak Downtrend (-65) - RONZAR is showing signs of a strengthening downtrend. Monitor RONZAR as it may be building momentum to the downside.

Is it time to buy, sell, or avoid RONZAR?

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

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

FOREX_RONZAR
Open High Low RONZAR Price Change
4.0040626 4.0108775 3.9924608 3.9997298 -0.0043330
Entry Signal

MarketClub’s Trade Triangles for RONZAR

long term up The long-term trend has been UP since Mar 6th, 2025 at 3.9822313

intermediate term down The intermediate-term trend has been DOWN since May 1st, 2025 at 4.2158470

short term down The short-term trend has been DOWN since Apr 15th, 2025 at 4.2886308

Smart Scan Analysis for RONZAR

Based on our trend formula, RONZAR is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for RONZAR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
4.0040626 4.0108775 3.9924608 3.9997298 -0.0043330
Prev. Close Volume Bid Ask Time
4.0040626 2025-05-09 05:06:18
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