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Forex Trend Analysis Report
Prepared for you on Tuesday, February 4, 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.
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MarketClub’s Trade Triangles for RONGBP
The long-term trend has been UP since Jan 14th, 2025 at 0.16965516
The intermediate-term trend has been DOWN since Feb 3rd, 2025 at 0.16789540
The short-term trend has been UP since Jan 24th, 2025 at 0.16999827
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).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.16686967 | 0.16726681 | 0.16686967 | 0.16714930 | +0.00028000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.16686967 | 2025-02-04 21:00:20 |