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Forex Trend Analysis Report
Prepared for you on Friday, May 9, 2025.
Romanian Leu/British Pound (FOREX:RONGBP)
Long-Term Downtrend (-90) - RONGBP is in a strong downtrend that is likely to continue. While RONGBP is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
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 DOWN since May 8th, 2025 at 0.16569198
The intermediate-term trend has been DOWN since Apr 28th, 2025 at 0.17102416
The short-term trend has been DOWN since May 6th, 2025 at 0.17039475
Smart Scan Analysis for RONGBP
Based on our trend formula, RONGBP is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.16583671 | 0.16610794 | 0.16533242 | 0.16554632 | -0.00029000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.16583671 | 2025-05-08 15:49:37 |