Analyze Symbol

Forex Trend Analysis Report

Prepared for you on Saturday, May 25, 2019.

Romanian Leu/South African Rand (FOREX:RONZAR)

Smart Scan Chart Analysis shows the current uptrend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Uptrend with very tight stops.

The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.

FOREX_RONZAR
Open High Low RONZAR Price Change
3.3891 3.3891 3.3891 3.3891 0.0000
Entry Signal

MarketClub’s Trade Triangles for RONZAR

long term down The long term trend has been DOWN since Dec 3rd, 2018 at 3.32505

intermediate term up The intermediate term trend has been UP since Apr 25th, 2019 at 3.40680

short term up The short term trend has been UP since May 23rd, 2019 at 3.39245

Smart Scan Analysis for RONZAR

Based on a pre-defined weighted trend formula for chart analysis, RONZAR scored +60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+60
Smart Scan Analysis for RONZAR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
3.3891 3.3891 3.3891 3.3891 0.0000
Prev. Close Volume Bid Ask Time
3.3891 3.3871 3.3911 2019-05-25 11:00:39
Want to analyze Romanian Leu/South African Rand RONZAR or another symbol? Try our Free Forex Trend Analysis Report.