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Forex Trend Analysis Report
Prepared for you on Monday, March 31, 2025.
Romanian Leu/South African Rand (FOREX:RONZAR)
Countertrend Up (+85) - RONZAR is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
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.
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MarketClub’s Trade Triangles for RONZAR
The long-term trend has been UP since Mar 6th, 2025 at 3.9822313
The intermediate-term trend has been UP since Mar 2nd, 2025 at 3.9054276
The short-term trend has been DOWN since Mar 28th, 2025 at 3.9338530
Smart Scan Analysis for RONZAR
Based on our trend formula, RONZAR is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 4.0113558 | 4.0113558 | 3.9648288 | 3.9846948 | -0.0266610 |
| Prev. Close | Volume | Bid | Ask | Time |
| 4.0113558 | 2025-03-31 16:55:29 |